š¤ $CHIP Update: AI Infrastructure Play
$CHIP (USD.AI) is surging as it bridges AI hardware with DeFi. It allows GPU operators to tokenize hardware as collateralāa major RWA narrative.
š Technical View
The chart is parabolic, up over 77% today. However, the RSI(6) at 94 suggests itās heavily overbought. Avoid FOMO; wait for the retest.
šÆ Trade Setup: LoNg $CHIP/USDTšš
⢠Entry: $0.0860 ā $0.0910 (Wait for the pullback)
⢠Target 1: $0.1220 (Recent High)
⢠Target 2: $0.1450 (Price Discovery)
⢠Stop Loss: $0.0640
Note: High volatility asset with a Seed Tag. Manage your risk and watch for 4H consolidation.