๐จ Guys, don't miss this setupโ$CHIP is overextended and primed for a sharp pullback!
Short Trade Position: $CHIP
Entry Zone: 0.04120 - 0.04185
๐ฏ TP1: 0.04000
๐ฏ TP2: 0.03850
๐ฏ TP3: 0.03756
Stop Loss (SL): 0.04411
๐ Why this short position?
Rejection at 24h High: Price peaked near 0.04384 after a massive +25% rally and immediately showed selling pressure with strong red rejection candles on the 15-minute chart.
Fading Momentum: Trading volume is starting to drop near resistance, indicating buyers are losing steam and a corrective move toward the lower support zone (0.03756) is highly likely.
Click here to Trade ๐๏ธ
Short Trade Position: $CHIP
Entry Zone: 0.04120 - 0.04185
๐ฏ TP1: 0.04000
๐ฏ TP2: 0.03850
๐ฏ TP3: 0.03756
Stop Loss (SL): 0.04411
๐ Why this short position?
Rejection at 24h High: Price peaked near 0.04384 after a massive +25% rally and immediately showed selling pressure with strong red rejection candles on the 15-minute chart.
Fading Momentum: Trading volume is starting to drop near resistance, indicating buyers are losing steam and a corrective move toward the lower support zone (0.03756) is highly likely.
Click here to Trade ๐๏ธ
