Entering $CHIP at current levels is not the best option before the demand zone is retested, especially since the price may pull back slightly toward the ascending trendline before continuing its move.
If the price holds the $0.0490–$0.0500 zone and a clear bounce appears, we may see the uptrend resume toward the next targets:
🎯 $0.0530 → $0.0550 → $0.0570
A break below the demand zone and the ascending trendline could invalidate the bullish scenario, so it is best to wait for confirmation of a bounce before entering.
#chip #crypto #Binance
If the price holds the $0.0490–$0.0500 zone and a clear bounce appears, we may see the uptrend resume toward the next targets:
🎯 $0.0530 → $0.0550 → $0.0570
A break below the demand zone and the ascending trendline could invalidate the bullish scenario, so it is best to wait for confirmation of a bounce before entering.
#chip #crypto #Binance
