$CHIP is losing the bounce and sellers are pressing 📉
Entry: 0.106 – 0.110 🔻
Target: 0.095 ✅
Stop Loss: 0.118 🛡️
The bounce never had real conviction, and the rejection from the lower high suggests the market is still being fed by sellers, not buyers. That kind of price action usually means liquidity is getting siphoned into every uptick, with whales using strength to distribute into bids. If the tape stays heavy, the path of least resistance points back toward the prior support pocket and the next layer of resting demand below.
Not financial advice. Manage your risk and protect your capital.
#Crypto #Altcoins #Trading #Bearish #Support
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CHIPUSDT
دائم
0.08998
-8.04%