๐ด $CHIP
โ Short Setup | My Personal Trade Plan ๐ฏ
$CHIP | Perp Futures | Current Price: $0.0931
โ ๏ธ Read This First
I'm going to be honest with you all.
This is NOT a coin I would hold long term.
CHIP pumped 5x in days from $0.028 to $0.14 with basically zero history before that. That's not organic. That's a coordinated pump. ๐ฉ
Smart money already made their exit.
Now they need your money to fully get out.
Here's how to not be their exit liquidity. ๐
๐ง Why I'm Bearish โ SMC Breakdown
Structure ๐
1H and 15m both printing Lower Highs + Lower Lows
No CHoCH to upside yet = downtrend still fully valid
4H showing clear distribution from $0.14 top
Liquidity ๐ง
Sell side liquidity sitting below $0.088
That liquidity has not been fully swept yet
Price is being held up artificially right now
Once that support breaks โ free fall begins ๐
Volume ๐
Volume massively declining after the pump
Bounces happening on low volume = weak buyers
Sellers still in control on every timeframe
Order Blocks ๐ฆ
Strong bearish OB sitting at $0.097 โ $0.107
Every time price touches that zone = rejection
No bullish OB strong enough to hold price up
Order Blocks ๐ฆ
Strong bearish OB sitting at $0.097 โ $0.107
Every time price touches that zone = rejection
No bullish OB strong enough to hold price up
The Ugly Truth ๐
7 day, 30 day, 90 day performance = all dashes
This coin is brand new
No real support levels below current price
If $0.088 breaks โ next real support is $0.028 origin
๐ The Double Top Scenario First
Before the big dump โ price may do this ๐
Current: $0.093
โ
Push up to $0.120 โ $0.135 ๐
โ
Fake breakout attempt near $0.14
โ
Strong rejection โ Double Top forms ๐
โ
Break below $0.088 support ๐ฅ
โ
Dump to $0.055 โ $0.035 ๐
This is the smart money playbook. Classic. ๐
๐ด MY SHORT SETUP โ Two Entries
Entry 1 โ Aggressive Short (Now) โก
For those who want in immediately
Entry$0.093 โ $0.096Stop Loss$0.105TP1$0.088 ๐ฏTP2$0.075 ๐ฏTP3$0.055