$CHIP /USDT Trade Signal (Range Breakdown / Short Bias)

Entry Zone: 0.0730 – 0.0740

Stop Loss (SL): 0.0785

Take Profit Targets (TPs):

TP1: 0.0715

TP2: 0.0690

TP3: 0.0650

Trade here $CHIP

CHIPUSDT

Perp

0.06307

-0.15%

📉 Setup Logic:

Price is showing weakness after rejection from 0.086 high and now hovering near support (0.072–0.073 zone). Momentum fading + lower highs on lower timeframes suggest possible breakdown.

If support breaks, downside continuation likely with volume expansion.

⚠️ Invalidation if price reclaims 0.078+, which may trigger bullish reversal.

Alternative (Long Idea):

If strong bounce from 0.072 with volume → target 0.078 / 0.082

#CHIPUSDT #CryptoSignal #ShortSetup #BinanceFutures #DeFiTrading