$CHIP — Long Pressure Builds
$CHIP saw a $1.48K long liquidation at $0.04235 on Binance. Sellers are testing the $0.042 area after leveraged longs were forced out.
Support: $0.0410-$0.0424
Resistance: $0.0440-$0.0460
Target 🎯: $0.048-$0.051
Next move: Reclaiming $0.046 could start a recovery while losing $0.041 may expose deeper downside liquidity.
Pro tip: Wait for $0.0424 to flip back into support before chasing a bounce.
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