$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
0.06245
+1.24%
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