🚨 $CHIP Strategy: Sniping the Over-Leveraged Top
Volume doesn't always equal value; sometimes, it equals exhaustion. Talha Sniper doesn't care about the 3-billion-dollar hype; we care about the structural rejection. With the MA(30) at $0.109 acting as a hard ceiling, the path of least resistance is down.
Entry Zone: 0.1015 – 0.1050 (Supply Cluster)
TP1: 0.0969 (Local Support)
TP2: 0.0880 (Recent Low / Demand Floor)
TP3: 0.0750 (Macro Liquidity Gap)
Stop Loss: 0.1180 (Above Resistance Flip)
Trade Logic:
$CHIP is printing lower highs on the 30m and 2h timeframes. The MACD has flipped bearish, and the RSI is cooling off from extreme overbought levels. Even with billions in volume, the failure to reclaim $0.110 suggests that whales are using the current liquidity to unload their spot bags. We are sniping the continuation of this correction toward $0.088.
#CHIP #ShortSignal #TalhaSniper #BinanceSquare #smartmoney
