$CHIP is trying to recover after bouncing from the 0.06165 low, but price still looks stuck inside a choppy range.
The good part is that buyers defended the lower zone and pushed it back toward the mid-range area.
At the same time, upside momentum still looks limited because every push higher is meeting quick selling pressure.
So for now, this is not a clean breakout trend yet — it looks more like consolidation after a recovery attempt.
For me, long is possible only as a cautious range setup while support keeps holding.
Trade Setup (Long)
Entry: 0.0658 - 0.0663
SL: 0.0648
TP1: 0.0672
TP2: 0.0680
TP3: 0.0688
#Write2Earn #BinanceSquareFamily #TradeSignal $CHIP
The good part is that buyers defended the lower zone and pushed it back toward the mid-range area.
At the same time, upside momentum still looks limited because every push higher is meeting quick selling pressure.
So for now, this is not a clean breakout trend yet — it looks more like consolidation after a recovery attempt.
For me, long is possible only as a cautious range setup while support keeps holding.
Trade Setup (Long)
Entry: 0.0658 - 0.0663
SL: 0.0648
TP1: 0.0672
TP2: 0.0680
TP3: 0.0688
#Write2Earn #BinanceSquareFamily #TradeSignal $CHIP