CHIP sits near 0.0183, down 2.4% from yesterday’s high and poised for a break. Volume spikes hint at a possible short swing.
🔴 $CHIP SHORT 📉
Entry $0.051558-$0.051662 | SL $0.053158 (-3.0%) | TP1 $0.050836 (+1.5%) | TP2 $0.049030 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower (CHoCH) and the CVD turned negative, confirming the down bias. A fair value gap sits above the current price, overlapped by an order block and liquidity sweep, creating a POI confluence.
A 3.0% stop is relatively tight; use no more than 5x leverage to keep risk under control.
Take half at the first target around 0.0165 to lock in early gains.
Not financial advice — always manage your own risk 🙏
$CHIP #CHIPUSDT #fomcwatch #TradingSignals #Write2Earn
🔴 $CHIP SHORT 📉
Entry $0.051558-$0.051662 | SL $0.053158 (-3.0%) | TP1 $0.050836 (+1.5%) | TP2 $0.049030 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower (CHoCH) and the CVD turned negative, confirming the down bias. A fair value gap sits above the current price, overlapped by an order block and liquidity sweep, creating a POI confluence.
A 3.0% stop is relatively tight; use no more than 5x leverage to keep risk under control.
Take half at the first target around 0.0165 to lock in early gains.
Not financial advice — always manage your own risk 🙏
$CHIP #CHIPUSDT #fomcwatch #TradingSignals #Write2Earn