$CHIP — Parabolic Run… Now the Trap Zone

+90% move and now stalling under $0.119 — that’s not strength, that’s distribution kicking in. Late buyers are chasing highs while early money is slowly unloading.

This is where volatility spikes and direction gets violent.

EP: $0.109 – $0.113

SL: $0.121

TP1: $0.102

TP2: $0.094

TP3: $0.086

Structure: Parabolic expansion → choppy consolidation near highs → lower highs creeping in. If $0.108 breaks clean, this unwinds fast. No support until deeper levels.

Bulls only regain control above $0.120 — until then, this is fragile.

These are the setups that move fast… don’t blink.