๐จ $CHIP BREAKS KEY 0.045 RESISTANCE AS SMART MONEY PREPARES FOR RETEST! โก
Entry: 0.0460 โ 0.0475 โก
Target: 0.0510 / 0.0550 / 0.0600 ๐ฏ
Stop Loss: 0.0435 โ ๏ธ
Market structure on the 1H chart for $CHIP has shifted bullish following a decisive expansion above the 0.045 resistance cluster. ๐ Institutional momentum left behind structural inefficiency during this breakout, making immediate chasing sub-optimal compared to a patient retracement entry.
๐ We are looking for price to mitigate the 0.0460 โ 0.0475 demand block to establish a solid higher low before targeting upper liquidity pools. ๐ Broader momentum across assets like $DASH and $ZEC signals favorable capital rotation supporting this setup. ๐ฌ Will you bid the 1H demand block on the retest or wait for a lower-timeframe confirmation sweep? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #CHIP #LongSetup #Breakout #MarketStructure
๐ฏ ๐ฆ
Entry: 0.0460 โ 0.0475 โก
Target: 0.0510 / 0.0550 / 0.0600 ๐ฏ
Stop Loss: 0.0435 โ ๏ธ
Market structure on the 1H chart for $CHIP has shifted bullish following a decisive expansion above the 0.045 resistance cluster. ๐ Institutional momentum left behind structural inefficiency during this breakout, making immediate chasing sub-optimal compared to a patient retracement entry.
๐ We are looking for price to mitigate the 0.0460 โ 0.0475 demand block to establish a solid higher low before targeting upper liquidity pools. ๐ Broader momentum across assets like $DASH and $ZEC signals favorable capital rotation supporting this setup. ๐ฌ Will you bid the 1H demand block on the retest or wait for a lower-timeframe confirmation sweep? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #CHIP #LongSetup #Breakout #MarketStructure
๐ฏ ๐ฆ
