$CHIP USDT pullback continuation setup
#chip is pushing strongly, but at 0.05480 it’s sitting almost directly on the 24h high 0.05488, so I wouldn’t chase here. The broader move has been strong over the last few sessions, with recent daily closes stepping up from ~0.044 to ~0.052.
My setup:
Long entry: 0.0528–0.0535
SL: 0.0508
TP1: 0.0549
TP2: 0.0575
TP3: 0.0600
If 0.0508 breaks, I’d invalidate the long and wait rather than average down.
Key idea: breakout above 0.0549 with volume can open the next leg, but a retest is safer than buying directly into the high.
#ETHUp70%InQ3ButLiquidityFalls #DriftHackVictimsBeginClaims
#chip is pushing strongly, but at 0.05480 it’s sitting almost directly on the 24h high 0.05488, so I wouldn’t chase here. The broader move has been strong over the last few sessions, with recent daily closes stepping up from ~0.044 to ~0.052.
My setup:
Long entry: 0.0528–0.0535
SL: 0.0508
TP1: 0.0549
TP2: 0.0575
TP3: 0.0600
If 0.0508 breaks, I’d invalidate the long and wait rather than average down.
Key idea: breakout above 0.0549 with volume can open the next leg, but a retest is safer than buying directly into the high.
#ETHUp70%InQ3ButLiquidityFalls #DriftHackVictimsBeginClaims
