I caught $CHIP too late, and it punished me.
That hurt. 😅
Price is $0.0415, down 12.25% in 24h, with $3.35M traded. The ugly part is the 4h move too: another 11.5% gone while volume is only 0.1x the 20d average.
That doesn’t look like panic selling. It looks like nobody wants to defend the chart yet.
RSI is sitting at 48, the moving averages are chopping, and longs are still paying 0.005% funding. Not exactly the setup I’d compare to $BNB strength right now. 📉
At $0.040, I’m watching for a reclaim. If it can’t take that level back, I’m staying patient instead of pretending this dip is automatically value. 👀
#CHIP #Web3 #CryptoNews
That hurt. 😅
Price is $0.0415, down 12.25% in 24h, with $3.35M traded. The ugly part is the 4h move too: another 11.5% gone while volume is only 0.1x the 20d average.
That doesn’t look like panic selling. It looks like nobody wants to defend the chart yet.
RSI is sitting at 48, the moving averages are chopping, and longs are still paying 0.005% funding. Not exactly the setup I’d compare to $BNB strength right now. 📉
At $0.040, I’m watching for a reclaim. If it can’t take that level back, I’m staying patient instead of pretending this dip is automatically value. 👀
#CHIP #Web3 #CryptoNews