$CHIP — Liquidity Grab & Rejection! Short Incoming? 🔻📊
Swept the liquidity, filled the imbalance, and hit the key resistance zone around $0.030 — but buyers instantly faced a strong rejection.
I’m leaning towards a SHORT setup here, but the daily candle close will be crucial for confirmation.
How are you playing this?
🔴 SHORT: Fakeout at resistance, heading lower.
🟢 LONG: Just a pause before breaking $0.031. #chip
Swept the liquidity, filled the imbalance, and hit the key resistance zone around $0.030 — but buyers instantly faced a strong rejection.
I’m leaning towards a SHORT setup here, but the daily candle close will be crucial for confirmation.
How are you playing this?
🔴 SHORT: Fakeout at resistance, heading lower.
🟢 LONG: Just a pause before breaking $0.031. #chip