🔴 $CHIP /USDT — SHORT SIGNAL

CHIP (USD.AI) | Binance Futures

Trade Plan:

Direction: SHORT 📉

Entry Zone: $0.0458 – $0.0468

Stop Loss (SL): $0.0490

TP1: $0.0440

TP2: $0.0425

TP3: $0.0400

Trade here $CHIP

📊 Analysis

Current Price: $0.04597 (-15.47%)

24H High: $0.05443

24H Low: $0.04233

24H Volume: 34.72M USDT

Strong daily decline indicates bearish pressure.

Price is approaching support around $0.0423–$0.0440.

A temporary bounce is possible after the sharp drop.

A clean break below $0.0423 could signal further downside.

✅ Confirmation

Wait for a bearish rejection in the entry zone or a confirmed breakdown below $0.0423 before entering. Avoid chasing the price after a large drop.

⚖️ Risk-to-Reward

Using an illustrative entry of $0.0463 and SL at $0.0490:

TP1: approximately 0.85:1

TP2: approximately 1.41:1

TP3: approximately 2.33:1

Risk Warning: This is a chart-based setup, not a guaranteed prediction. If price breaks above $0.0490, the short setup is invalidated. Use appropriate position sizing and remember that futures trading carries substantial risk.

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