$CHIP is making a comeback, but can buyers reclaim the level that matters most?
CHIP is up over 21% today, bouncing from $0.0425 toward $0.055. Buyers have stepped in with solid momentum, but the daily Supertrend at $0.0621 remains the key hurdle.
Levels on my radar:
Support: $0.049 to $0.046
Major support: $0.0425
Resistance: $0.0574 to $0.0621
Previous high: $0.0717
A clean reclaim of $0.0574 could put $0.0621 back in play. If price gets rejected, holding $0.049 will be important to keep this recovery intact.
Credit to the buyers for bringing CHIP back into focus. Now the real test is whether they can turn this bounce into a sustained move.
#Write2Earn #chip
CHIP is up over 21% today, bouncing from $0.0425 toward $0.055. Buyers have stepped in with solid momentum, but the daily Supertrend at $0.0621 remains the key hurdle.
Levels on my radar:
Support: $0.049 to $0.046
Major support: $0.0425
Resistance: $0.0574 to $0.0621
Previous high: $0.0717
A clean reclaim of $0.0574 could put $0.0621 back in play. If price gets rejected, holding $0.049 will be important to keep this recovery intact.
Credit to the buyers for bringing CHIP back into focus. Now the real test is whether they can turn this bounce into a sustained move.
#Write2Earn #chip
