Solid Short entry for $CHIP .
Execution Price: 0.0427 - 0.0436
Target Zone 1: 0.0385
Target Zone 2: 0.0348
Protection Zone: 0.04578
CHIP is extremely overextended with an RSI(6) of 92.83 on the 15m chart, signaling an imminent mean reversion. The vertical parabolic move toward the 0.04278 high lacks sustainable volume support, making a sharp pullback to the MA7 at 0.04034 highly probable.
Trade here 👇👇👇
Market watch:
$VET : Current Price 0.007155 - 24h Change: +27.27%
$SKHYNIX : Current Price 1,232.83 - 24h Change: +0.60%
Execution Price: 0.0427 - 0.0436
Target Zone 1: 0.0385
Target Zone 2: 0.0348
Protection Zone: 0.04578
CHIP is extremely overextended with an RSI(6) of 92.83 on the 15m chart, signaling an imminent mean reversion. The vertical parabolic move toward the 0.04278 high lacks sustainable volume support, making a sharp pullback to the MA7 at 0.04034 highly probable.
Trade here 👇👇👇
Market watch:
$VET : Current Price 0.007155 - 24h Change: +27.27%
$SKHYNIX : Current Price 1,232.83 - 24h Change: +0.60%
