$CHIP — Heavy rejection from resistance zone after failing to sustain upward momentum.

Short $CHIP

Entry: 0.04870 – 0.04920

Stop Loss: 0.05110

TP1: 0.04620

TP2: 0.04380

TP3: 0.04150

Price action shows exhaustion near the local supply area with declining buying pressure. Sellers regained control after repeated failed breakout attempts. Liquidity sits below current support, making downside targets attractive if momentum expands. Market structure remains bearish unless resistance is reclaimed.

Trade $CHIP here 👇

CHIP

0.0476

-1.81%

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