CHIP/USDT SHORT Trade Plan
Entry: 0.05770 – 0.05800
SL: 0.05900
TP1: 0.05700
TP2: 0.05620
TP3: 0.05550
CHIP has dropped from 0.06971 to 0.05544, showing sustained selling pressure.
Price at 0.05755 is below MA(25) at 0.05787 and MA(99) at 0.05868, suggesting overhead resistance.
A bounce toward 0.05770–0.05800 could attract sellers if price fails to reclaim this area.
$CHIP
Entry: 0.05770 – 0.05800
SL: 0.05900
TP1: 0.05700
TP2: 0.05620
TP3: 0.05550
CHIP has dropped from 0.06971 to 0.05544, showing sustained selling pressure.
Price at 0.05755 is below MA(25) at 0.05787 and MA(99) at 0.05868, suggesting overhead resistance.
A bounce toward 0.05770–0.05800 could attract sellers if price fails to reclaim this area.
$CHIP