🔥 $CHIP Outlook — Bullish Structure Forming

$CHIP P is currently demonstrating a strong liquidity sweep, followed by a series of aggressive short squeezes, indicating growing bullish pressure in the market.

The price has successfully moved through clustered short liquidations and is now showing a solid reaction from the $0.079–$0.080 demand zone, highlighting clear signs of buyer absorption and underlying strength.

📈 Trade Idea: Long $CHIP

Entry Range: $0.0800 – $0.0810

Stop Loss: $0.0788

Profit Targets:

TP1: $0.0835

TP2: $0.0860

TP3: $0.0895

🧠 Market Perspective

A buildup of short liquidations above the current price suggests the presence of trapped sellers, which can act as fuel for further upward movement. Meanwhile, the recent long-side liquidation event indicates a liquidity reset at lower levels, strengthening the base structure.

The price is now attempting to reclaim a key micro-range with increasing momentum. If this level is maintained, a continuation move driven by short squeezes toward higher liquidity zones becomes highly probable.

As long as the demand zone holds firm, the market structure continues to favor the upside.

👇 Trade wisely and manage your risk

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