$CHIP USDT is showing clear exhaustion at the top.
Price rejection from resistance is getting stronger.
Momentum is fading fast after the recent push.
Resistance zone: 0.03650 – 0.03730
Multiple failed attempts to break higher
Entry zone (short bias): 0.03600 – 0.03640
As long as price stays below resistance, downside pressure dominates.
Expected move: gradual sell-off back toward lower support levels.
Breakdown risk increases if 0.03550 fails to hold.
Bias: Bearish short-term
Structure: Weak rally, distribution forming