The market structure for $CHIP shows a strong V-shaped recovery phase on the 4-hour chart after printing a local bottom. Following a steady downtrend that bottomed out around the 0.0290 zone, the asset experienced a sharp influx of buying volume, pushing the price rapidly upward through previous minor resistance levels. Currently, the price is trading around 0.03670, confronting a key structural pivot zone. If the bulls can maintain this momentum and clear this immediate resistance area, it validates a strong trend reversal and opens the door for a rally back toward the higher distribution range.

Target 1: 0.03850

Target 2: 0.04100

Target 3: 0.04450

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CHIP
CHIP
0.03293
+3.52%