$CHIP Mixed liquidations on both sides show a choppy zone, but the key signal is failure to hold above $0.06280 after short liquidations. That rejection indicates sellers are defending higher levels strongly.

EP: $0.06220 – $0.06250

TP: $0.06140 / $0.06060 / $0.05980

SL: $0.06310

Trend is turning sideways to bearish after repeated rejection near highs.

Momentum shows exhaustion as price fails to expand after liquidations.

Liquidity sits below $0.06150, increasing probability of a downside sweep.

$CHIP

CHIP
CHIP
0.06245
+1.24%

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