$CHIP is showing signs of weakening momentum as sellers continue to pressure the price around the current range. If buyers fail to defend nearby support, another downside move could develop toward the lower target zones. Watch for clear bearish confirmation and a rejection near the entry area before considering a short position.
Trading Ideas Short $CHIP
Entry: 0.0500 - 0.0525
SL: 0.0553
TP1: 0.0489
TP2: 0.0475
TP3: 0.0460
Stay patient, follow your trading plan, and manage risk carefully. Monitor price action closely because a recovery above resistance could weaken the bearish setup.
DYOR (Do Your Own Research).
Trading Ideas Short $CHIP
Entry: 0.0500 - 0.0525
SL: 0.0553
TP1: 0.0489
TP2: 0.0475
TP3: 0.0460
Stay patient, follow your trading plan, and manage risk carefully. Monitor price action closely because a recovery above resistance could weaken the bearish setup.
DYOR (Do Your Own Research).