🎯 CHIP After $0.089 — What’s Next?
CHIP just hit a local top and is now reacting.
📊 Current: ~$0.085
📈 High: $0.0898
📉 Base: $0.030
⚡ Move: +90%
After a vertical expansion,
price is now at a critical decision zone.
Two scenarios:
➡️ Break above $0.0898
• Momentum continues
• New highs possible ($0.095+)
• Trend stays aggressive
➡️ Rejection at current zone
• Sharp pullback
• Retest of $0.070–$0.075 likely
• Momentum cools
📊 Structure: bullish
⚠️ Momentum: extremely stretched (RSI ~94)
This is not a normal level.
This is where direction is decided.