I caught $CHIP too late, and it punished me.
That hurt. ๐
Price is $0.0415, down 12.25% in 24h, with $3.35M traded. The ugly part is the 4h move too: another 11.5% gone while volume is only 0.1x the 20d average.
That doesnโt look like panic selling. It looks like nobody wants to defend the chart yet.
RSI is sitting at 48, the moving averages are chopping, and longs are still paying 0.005% funding. Not exactly the setup Iโd compare to $BNB strength right now. ๐
At $0.040, Iโm watching for a reclaim. If it canโt take that level back, Iโm staying patient instead of pretending this dip is automatically value. ๐
#CHIP #Web3 #CryptoNews
That hurt. ๐
Price is $0.0415, down 12.25% in 24h, with $3.35M traded. The ugly part is the 4h move too: another 11.5% gone while volume is only 0.1x the 20d average.
That doesnโt look like panic selling. It looks like nobody wants to defend the chart yet.
RSI is sitting at 48, the moving averages are chopping, and longs are still paying 0.005% funding. Not exactly the setup Iโd compare to $BNB strength right now. ๐
At $0.040, Iโm watching for a reclaim. If it canโt take that level back, Iโm staying patient instead of pretending this dip is automatically value. ๐
#CHIP #Web3 #CryptoNews