$CHIP is printing a constructive stabilization structure on the 4-hour chart as it works to find a solid market bottom, despite registering a 24-hour decline of 6.03%. Following a brief surge that tapped a 24-hour high of 0.04254, the asset faced short-term profit-taking, dropping back to test structural demand near its 24-hour low of 0.03867. Price action is currently consolidating tightly around the 0.03961 zone, forming a higher low base relative to the macro bottom established earlier in the week. If buyers successfully hold this psychological support region and generate a clear daily close above 0.04000, it prepares the asset for a bullish reversal leg to challenge key overhead resistance targets.
Target 1: 0.04450
Target 2: 0.04800
Target 3: 0.05200
CHIP
0.04034
+17.47%