After yesterday’s drop, $CHIP has shown a short-term bounce, but the structure is still not fully strong.
What I’m seeing on the 15m chart:
🟢 Support Reaction
Price bounced from the $0.065–0.068 zone, showing buyers are active at lower levels
📊 Choppy Structure
Instead of a clean trend, price is moving sideways with small spikes → indecision in the market
📉 Weak Follow-Through
The bounce didn’t turn into a strong rally → momentum still limited
Key Levels to Watch:
Support: $0.068 → $0.065
Resistance: $0.072 → $0.075
What could happen next:
🟡 If price holds above support → slow continuation toward resistance possible
🔴 If sellers step in again → retest of lower zone likely
Market Insight:
This looks like a relief bounce inside a weak structure, not a confirmed uptrend yet.
⏳ For now:
Stay patient — this is not a clean setup to chase
What do you think — continuation or more sideways? 👇
#CHİP #crypto #trading #marketanalysis. #BinanceSquare
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Disclaimer:
This post is for educational purposes only. Always do your own research ⚠️
