$CHIP - A pinpoint entry is forming after a brutal rejection from the 0.04427 supply zone. A break below 0.04171 could trigger a complete washout 📉

Trade Plan: Short $CHIP

✅ Entry: 0.042 – 0.044

⛔ SL: 0.04478

🎯 TP: 1️⃣ 0.03663 | 2️⃣ 0.03228 | 3️⃣ 0.02830

⚠️ Strategy: Adjust Quantities to that much you can afford to lose.

🧑‍💻 Why this Setup?

Heavy selling pressure has emerged near the highs as buyers continue to get rejected from overhead supply. Momentum is fading rapidly and every recovery attempt is being absorbed by sellers. If 0.04171 gives way, bears could force a sharp liquidity sweep and accelerate the move toward lower levels.

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