Everyone's glued to $BTC rallies while $CHIP is quietly coiling above $0.045 on the 15m, ready to snap the next move. I was flat on $CHIP last week and got squeezed hard, so I'm watching this breakout like a hawk.
$CHIP - LONG
Entry: 0.0450 – 0.0456
SL: 0.0428
TP1: 0.0485
TP2: 0.0510
TP3: 0.0535
Why this setup?
- 4H RSI spiking to 71, showing over‑bought momentum but still room for a pull‑back.
- ATR (1D) at 0.0021 gives a tight stop range, keeping risk under 2% per trade.
- Volume surged 2.8× on the breakout candle, acting as a strong magnet for buyers.
- Divergence: 15m price breaking resistance while 1D still in a mild uptrend, confirming multi‑timeframe bias.
Debate: Are you riding the $CHIP squeeze now or waiting for a pull‑back to re‑enter at 0.0425?
$CHIP
$CHIP - LONG
Entry: 0.0450 – 0.0456
SL: 0.0428
TP1: 0.0485
TP2: 0.0510
TP3: 0.0535
Why this setup?
- 4H RSI spiking to 71, showing over‑bought momentum but still room for a pull‑back.
- ATR (1D) at 0.0021 gives a tight stop range, keeping risk under 2% per trade.
- Volume surged 2.8× on the breakout candle, acting as a strong magnet for buyers.
- Divergence: 15m price breaking resistance while 1D still in a mild uptrend, confirming multi‑timeframe bias.
Debate: Are you riding the $CHIP squeeze now or waiting for a pull‑back to re‑enter at 0.0425?
$CHIP
