$CHIP SHORT SETUP ... AFTER THE VERTICAL SURGE
CHIP has surged into the 0.068–0.070 resistance zone after a sharp move. This is where I’m looking for an entry opportunity on a pullback.
Short entry: 0.068–0.070
TP1: 0.0660
TP2: 0.0635
Final target: 0.0600
SL: 0.0750
If buyers start losing momentum near 0.070, the correction could quickly accelerate toward 0.060. A clear move above 0.075 invalidates the short trade idea.
Don’t invest everything; this is a highly volatile trade, so manage your risk carefully.
Trade on $CHIP
CHIP has surged into the 0.068–0.070 resistance zone after a sharp move. This is where I’m looking for an entry opportunity on a pullback.
Short entry: 0.068–0.070
TP1: 0.0660
TP2: 0.0635
Final target: 0.0600
SL: 0.0750
If buyers start losing momentum near 0.070, the correction could quickly accelerate toward 0.060. A clear move above 0.075 invalidates the short trade idea.
Don’t invest everything; this is a highly volatile trade, so manage your risk carefully.
Trade on $CHIP