$CHIP SHORT SETUP ... AFTER A VERTICAL RALLY
After a sharp move, CHIP aggressively approached the 0.068–0.070 resistance zone. Here, I’m considering entering a short 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 around 0.070, the correction could quickly accelerate toward 0.060. A decisive move above 0.075 invalidates the short idea.
Don’t invest everything—this is a highly volatile trade, so manage your risk.
Trade at $CHIP
After a sharp move, CHIP aggressively approached the 0.068–0.070 resistance zone. Here, I’m considering entering a short 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 around 0.070, the correction could quickly accelerate toward 0.060. A decisive move above 0.075 invalidates the short idea.
Don’t invest everything—this is a highly volatile trade, so manage your risk.
Trade at $CHIP