$CHIP – Liquidation Map (7 Days) – Current Price 0.0595

🔎 The 7-day liquidation map shows roughly $3.4–3.5 million in long liquidations below the current price, exceeding approximately $2.1 million in short liquidations above. The liquidity structure therefore favors the downside, with around 1.6 times more cumulative liquidity below the market.

📉 Below the market, nearby long-liquidation liquidity remains relatively thin around 0.0593–0.0572 before increasing across 0.0565–0.0552. Larger clusters sit deeper around 0.0528 and 0.0504, while the standout downside bar near 0.0492 reaches close to $200,000. Losing 0.0593 would shift attention toward 0.0572–0.0565.

📈 Above the market, short-liquidation liquidity begins building from 0.0604 and becomes denser across 0.0610–0.0635. The strongest cluster sits near 0.0622 with a liquidation bar around $165,000, while 0.0626 also contains a bar above $100,000. Further out, liquidity remains distributed toward 0.0655–0.0662 but gradually thins.

🧭 The broader setup favors the downside because long-liquidation exposure below is roughly 1.6 times larger. Losing 0.0593 would increase the probability of a sweep toward 0.0572–0.0565, while breaking above 0.0604 would shift attention toward 0.0610–0.0622.