$CHIP at $0.09261–$0.09436 — Liquidation War Zone! $CHIP
Massive battle just happened on $CHIP. Shorts got squeezed for $2.288K at $0.09261, but bulls got hit harder with $3.9533K long liquidations at $0.09436. This shows strong rejection near the top and sellers stepping in with power. The difference clearly favors bears right now, meaning downside pressure is building after a fake push up.
Smart traders will not chase the top here. Wait for confirmation and ride the momentum carefully. Market is volatile, traps are active.
Entry Point (EP): $0.09350 – $0.09420 (short zone)
Take Profit (TP): $0.09050 – $0.08880
Stop Loss (SL): $0.09580
This setup shows a classic bull trap turning into a possible drop. Stay calm, follow risk management, and don’t overtrade.
Trade smart and stay sharp with $CHIP
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