$CHIP Up nearly 30%! Is 0.0717 the next target? Key levels to watch!
CHIPUSDT is up nearly 30% in the past 24 hours, reaching a high of 0.0717 USDT. It’s now consolidating at elevated levels.
After this sharp rally, will it break higher or pull back to gather strength? Here are the key levels to watch 👇
📍 My long trade plan
🟢 Entry zone to watch: 0.0635–0.0645
🛑 Stop-loss reference: 0.0610
🎯 First target: 0.0680
🚀 Second target: 0.0710
📊 Why watch these levels?
• After its rapid rally, the price has entered a consolidation phase, but a short-term rebound is still possible.
• 0.0635–0.0645 is a pullback zone worth watching; wait for signs of stabilization.
• 0.0717 is resistance at the previous high. A sustained breakout is needed to justify a further bullish outlook.
⚠️ If support breaks, the long setup is invalidated. Don’t hold on stubbornly or chase the price blindly.
Do you think CHIP will break above 0.0717 next, or pull back to 0.0635 first? Share your thoughts in the comments.
CHIPUSDT is up nearly 30% in the past 24 hours, reaching a high of 0.0717 USDT. It’s now consolidating at elevated levels.
After this sharp rally, will it break higher or pull back to gather strength? Here are the key levels to watch 👇
📍 My long trade plan
🟢 Entry zone to watch: 0.0635–0.0645
🛑 Stop-loss reference: 0.0610
🎯 First target: 0.0680
🚀 Second target: 0.0710
📊 Why watch these levels?
• After its rapid rally, the price has entered a consolidation phase, but a short-term rebound is still possible.
• 0.0635–0.0645 is a pullback zone worth watching; wait for signs of stabilization.
• 0.0717 is resistance at the previous high. A sustained breakout is needed to justify a further bullish outlook.
⚠️ If support breaks, the long setup is invalidated. Don’t hold on stubbornly or chase the price blindly.
Do you think CHIP will break above 0.0717 next, or pull back to 0.0635 first? Share your thoughts in the comments.