CHIP is cranking down, looks ready to test the next low.
🔴 $CHIP SHORT 📉
Entry $0.043946-$0.044034 | SL $0.045310 (-3.0%) | TP1 $0.043330 (+1.5%) | TP2 $0.041791 (+5.0%) | R/R 1:1.7 | Conf 64%
We got a CHoCH break, CVD confirming the sell pressure, plus a fresh FVG and an order block overlapping – classic liquidity sweep. The price is now sitting on the OB and the gap, so short looks tidy.
A 3.0% stop is pretty tight; stick with low leverage, like 2‑3x.
Take half off the table once we hit the first target around 1.7R.
Not financial advice — trade only what you can afford to lose 🙏
$CHIP #CHIPUSDT #EarningsSeason #TradingSignals #Write2Earn
🔴 $CHIP SHORT 📉
Entry $0.043946-$0.044034 | SL $0.045310 (-3.0%) | TP1 $0.043330 (+1.5%) | TP2 $0.041791 (+5.0%) | R/R 1:1.7 | Conf 64%
We got a CHoCH break, CVD confirming the sell pressure, plus a fresh FVG and an order block overlapping – classic liquidity sweep. The price is now sitting on the OB and the gap, so short looks tidy.
A 3.0% stop is pretty tight; stick with low leverage, like 2‑3x.
Take half off the table once we hit the first target around 1.7R.
Not financial advice — trade only what you can afford to lose 🙏
$CHIP #CHIPUSDT #EarningsSeason #TradingSignals #Write2Earn