Volume is surging while $CHIP tests its daily range.
CHIP sits at $0.05049, up 16.79% over 24 hours on $13.71M in volume. Hourly volume sits at 1.22x the 23-hour average despite a minor 0.12% pullback on the latest closed candle.
A bullish continuation scenario requires holding above the recent range low of $0.04258 alongside sustained volume expansion. Conversely, failure to sustain momentum toward the $0.05725 high signals heightened late-entry risk and potential exhaustion.
Will you wait for a confirmed volume breakout above the high, or does a retest of the lower boundary invalidate your thesis?
Tap $CHIP for the live chart. #CHIP #BinanceSquare
CHIP sits at $0.05049, up 16.79% over 24 hours on $13.71M in volume. Hourly volume sits at 1.22x the 23-hour average despite a minor 0.12% pullback on the latest closed candle.
A bullish continuation scenario requires holding above the recent range low of $0.04258 alongside sustained volume expansion. Conversely, failure to sustain momentum toward the $0.05725 high signals heightened late-entry risk and potential exhaustion.
Will you wait for a confirmed volume breakout above the high, or does a retest of the lower boundary invalidate your thesis?
Tap $CHIP for the live chart. #CHIP #BinanceSquare