$CHIP REJECTS 0.045 โ SHORT BIAS CONFIRMED ๐
Entry: 0.045 ๐ฅ
Target: 0.041 ๐
The rejection at 0.045 shows clear sell-side absorption after a sharp spike. Volume dropped immediately on the retest, confirming structural weakness. This level acted as a magnet for liquidity but failed to sustainโbearish order flow is now dominant.
The daily trend remains fragile, and a close below 0.042 would accelerate the move toward the 0.041 support zone. Are you watching for a retest of this resistance or already short?
Not financial advice. Always manage your risk.
#CHIP #ShortSetup #Crypto #StructureBreak
โก
Entry: 0.045 ๐ฅ
Target: 0.041 ๐
The rejection at 0.045 shows clear sell-side absorption after a sharp spike. Volume dropped immediately on the retest, confirming structural weakness. This level acted as a magnet for liquidity but failed to sustainโbearish order flow is now dominant.
The daily trend remains fragile, and a close below 0.042 would accelerate the move toward the 0.041 support zone. Are you watching for a retest of this resistance or already short?
Not financial advice. Always manage your risk.
#CHIP #ShortSetup #Crypto #StructureBreak
โก