🚨 BINANCE SIGNAL –

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$CHIP

CHIP
CHIP
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USDT (Perp) 🚨

🔴 Bias: Bearish (Conditional Short)

📊 Observation:

Price made a strong impulsive move (+50%+), hitting resistance near 0.0679 and showing early rejection wicks. Momentum is high but signs of exhaustion are appearing.

📉 Entry Zone (Short):

➡️ 0.0625 – 0.0640 (only after weakness confirmation)

🎯 Targets:

✅ TP1: 0.0560

✅ TP2: 0.0500

✅ TP3: 0.0440

🛑 Stop Loss:

❌ 0.0685

⚠️ Conditions:

Enter ONLY if price fails to hold above 0.064 and shows lower highs on lower timeframes

Avoid chasing — wait for rejection or breakdown

💡 Notes:

This is a post-pump correction play, not a trend reversal yet. Strong momentum can continue upward if resistance breaks.

#Binance #CryptoSignals #CHIPUSDT #ShortTrade