CHIP is ripping lower, breaking the last swing low with brutal speed. The sell pressure is feeding a clear short bias.
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🔴 $CHIP SHORT 📉
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📍 Entry Range: $0.041778 – $0.041862
🛑 Stop Loss: $0.043075 (-3.0%)
🎯 TP1: $0.041193 (+1.5%)
🏆 TP2: $0.039729 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A change of character slammed the market structure, and the CVD spike confirms sellers are in control. The fair value gap sits right above the broken order block, creating a liquidity sweep that trapped longs. With the POI confluence of the OB and FVG, the short entry is locked in.
A 3.0% stop is tight on this volatility, so keep leverage around 3x to stay safe.
Take half profit at the first target as soon as price hits the near resistance.
Not financial advice — trade only what you can afford to lose 🙏
$CHIP #CHIPUSDT #curse #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $CHIP SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.041778 – $0.041862
🛑 Stop Loss: $0.043075 (-3.0%)
🎯 TP1: $0.041193 (+1.5%)
🏆 TP2: $0.039729 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
A change of character slammed the market structure, and the CVD spike confirms sellers are in control. The fair value gap sits right above the broken order block, creating a liquidity sweep that trapped longs. With the POI confluence of the OB and FVG, the short entry is locked in.
A 3.0% stop is tight on this volatility, so keep leverage around 3x to stay safe.
Take half profit at the first target as soon as price hits the near resistance.
Not financial advice — trade only what you can afford to lose 🙏
$CHIP #CHIPUSDT #curse #TradingSignals #Write2Earn