๐จ $CHIP FACES HEAVY DISTRIBUTION AT OVERHEAD SUPPLY AS KEY SUPPORT CRACKS! ๐
Entry: $0.0615 โ $0.0630 โก
Target: $0.0600, $0.0585, $0.0565 ๐ฏ
Stop Loss: $0.0650 ๐
๐ Repeated structural rejections across the $0.0690โ$0.0710 supply block confirm that smart money has been distributing inventory into buy-side liquidity. Sellers have capped every impulse into premium pricing, driving price straight down toward the pivotal $0.0610 support floor.
๐ A clean break of this structural base opens an inefficiency pocket down to resting sell-side liquidity pools below. ๐ Momentum remains firmly tilted toward sellers as volume profiles thin out under current demand. ๐ค Are you executing the breakdown directly or waiting for a retest of broken support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #CHIP #ShortSetup #PriceAction #MarketStructure #Crypto
๐ฏ ๐ฆ
Entry: $0.0615 โ $0.0630 โก
Target: $0.0600, $0.0585, $0.0565 ๐ฏ
Stop Loss: $0.0650 ๐
๐ Repeated structural rejections across the $0.0690โ$0.0710 supply block confirm that smart money has been distributing inventory into buy-side liquidity. Sellers have capped every impulse into premium pricing, driving price straight down toward the pivotal $0.0610 support floor.
๐ A clean break of this structural base opens an inefficiency pocket down to resting sell-side liquidity pools below. ๐ Momentum remains firmly tilted toward sellers as volume profiles thin out under current demand. ๐ค Are you executing the breakdown directly or waiting for a retest of broken support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #CHIP #ShortSetup #PriceAction #MarketStructure #Crypto
๐ฏ ๐ฆ