$CHIP Breakdown Pressure Building As Sellers Take Control 📉

Trade Setup: Short

Entry Zone: 0.0468 – 0.0472

TP1: 0.0458

TP2: 0.0450

TP3: 0.0440

SL: 0.0492

Recent rejection from the 0.050 zone followed by aggressive red candles suggests weakening bullish momentum. Lower highs and strong selling pressure indicate liquidity is shifting toward the downside.

If price remains below 0.0485–0.0490, sellers may continue pushing toward lower support levels. Momentum currently favors continuation lower rather than immediate recovery.

Trade Here On $CHIP 👇

CHIP
CHIPUSDT
0.04134
-3.02%

#chip #USConsumerSentimentThirdMonthDecline #HassettOilDropFedRateCutRoom #HassettIranDealLinkedToFedRateCuts #USIranNearHormuzStraitReopenDeal