A 3% stop makes the risk tight, so capping leverage at around 2x keeps margin comfortable; CHIP is stuck near recent swing lows and looks primed for another dip.
๐ด $CHIP SHORT ๐
Entry $0.035205-$0.035275 | SL $0.036297 (-3.0%) | TP1 $0.034711 (+1.5%) | TP2 $0.033478 (+5.0%) | R/R 1:1.7 | Conf 65%
The market structure broke lower on a clear CHoCH, and the CVD turned negative confirming sell pressure. A fresh fair value gap sits right under the current price, overlapping an order block that also lines up with the point of interest zone. With the OBโFVG confluence, the short bias feels concrete.
The 3% stop is tight, so stay at or below 2x leverage.
Take half profit once price hits the first target around the next minor swing high.
Not financial advice โ trade only what you can afford to lose ๐
$CHIP #CHIPUSDT #FedRateWatch #TradingSignals #Write2Earn
๐ด $CHIP SHORT ๐
Entry $0.035205-$0.035275 | SL $0.036297 (-3.0%) | TP1 $0.034711 (+1.5%) | TP2 $0.033478 (+5.0%) | R/R 1:1.7 | Conf 65%
The market structure broke lower on a clear CHoCH, and the CVD turned negative confirming sell pressure. A fresh fair value gap sits right under the current price, overlapping an order block that also lines up with the point of interest zone. With the OBโFVG confluence, the short bias feels concrete.
The 3% stop is tight, so stay at or below 2x leverage.
Take half profit once price hits the first target around the next minor swing high.
Not financial advice โ trade only what you can afford to lose ๐
$CHIP #CHIPUSDT #FedRateWatch #TradingSignals #Write2Earn