$CHIP Faces Further Downside as Sellers Push Price Toward the $0.0550 Support Zone
Trade Setup: SHORT
Entry Zone: 0.0585 – 0.0600
TP1: 0.0570
TP2: 0.0550
TP3: 0.0530
CHIP is showing strong bearish momentum on the 1-hour chart, with consecutive lower highs and a sharp breakdown toward $0.0580 support.
If selling pressure continues and support fails, further downside is possible, while a recovery above resistance could weaken the bearish setup.
Trade Here On $CHIP👇
Trade Setup: SHORT
Entry Zone: 0.0585 – 0.0600
TP1: 0.0570
TP2: 0.0550
TP3: 0.0530
CHIP is showing strong bearish momentum on the 1-hour chart, with consecutive lower highs and a sharp breakdown toward $0.0580 support.
If selling pressure continues and support fails, further downside is possible, while a recovery above resistance could weaken the bearish setup.
Trade Here On $CHIP👇