$CHIP P/USDT LONG Setup (Bounce Play)
Entry Zone: $0.0890 – $0.0930
Stop Loss: $0.0865
Take Profits:
TP1: $0.0965
TP2: $0.1010
TP3: $0.1080
trade here $CHIP
CHIPUSDT
Perp
0.07095
-4.04%
Why this setup:
Price is sitting near the 24h low ($0.0888) after a sharp -14% drop → short-term oversold.
Strong intraday support forming around $0.089–$0.090.
If price reclaims $0.095, momentum bounce likely toward previous resistance zones.
Alternative (Bearish Case):
If price breaks below $0.0865, expect continuation dump toward $0.082–$0.078.
Strategy Tip:
Quick scalp/reversal trade — wait for small bullish confirmation (volume spike or 15m close above $0.094) before full entry.