📉 $CHIP PRINTS BEARISH CONTINUATION AS SELL-SIDE ORDER FLOW CRUSHES LOCAL STRUCTURE! 🔻
Entry: 0.0463 - 0.0470 🔥
Target: 0.0450, 0.0435, 0.0425 🎯
Stop Loss: 0.0485 🛑
📌 Price action on $CHIP continues to carve a clean series of lower highs and lower lows following the recent aggressive distribution. The supply block near 0.0470 offers prime resistance where sellers are actively absorbing bids. 🌊
💡 Unless buyers manage a decisive structural reclaim above 0.0485 to invalidate the setup, momentum remains heavily tilted toward sweeping internal liquidity levels down to 0.0450 and 0.0425. 📊
💬 Are you taking the short on this supply retest or waiting for fresh market lows?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CHIP #ShortSetup #PriceAction #CryptoTrading #MarketStructure
🎯 🦈
Entry: 0.0463 - 0.0470 🔥
Target: 0.0450, 0.0435, 0.0425 🎯
Stop Loss: 0.0485 🛑
📌 Price action on $CHIP continues to carve a clean series of lower highs and lower lows following the recent aggressive distribution. The supply block near 0.0470 offers prime resistance where sellers are actively absorbing bids. 🌊
💡 Unless buyers manage a decisive structural reclaim above 0.0485 to invalidate the setup, momentum remains heavily tilted toward sweeping internal liquidity levels down to 0.0450 and 0.0425. 📊
💬 Are you taking the short on this supply retest or waiting for fresh market lows?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CHIP #ShortSetup #PriceAction #CryptoTrading #MarketStructure
🎯 🦈