$CHIP — Heavy sell pressure after rejection from local resistance.

Demand near 0.04950 is the key level holding the structure together.

Short $CHIP

Entry: 0.05020 – 0.05060

Stop Loss: 0.05210

TP1: 0.04880

TP2: 0.04720

TP3: 0.04550

The chart shows aggressive bearish momentum with sellers dominating short-term order flow. Price failed to sustain any breakout attempt and quickly rotated lower. Liquidity beneath support remains attractive for market makers. A clean breakdown may expand volatility rapidly.

Trade $CHIP here 👇

CHIP

0.0407

+14.81%

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