🔻 CHIP LAUNCH DUMP ISN'T OVER — THE $0.14 TOP WAS THE TRAP.
CHIP ripped to $0.14 on launch euphoria, then bled 37% in hours.
15m chart: EMAs inverted bearish, price rejected at $0.104 cluster,
volume dying on the bounce. This isn't a dip — it's distribution.
Early buyers are still unloading into every relief bid.
📍 SHORT ENTRY: $0.099–$0.101 (EMA rejection / fib confluence)
🎯 TP1: $0.092
TP2: $0.088
TP3: $0.082
TP4: $0.075
🛡️ SL: $0.1045 (above bearish EMA cluster)
Risk 2% max. Trail stops after TP2. New tokens follow a playbook:
launch pump → distribution dump → accumulation base. We're in phase two. The AI narrative won't save this until the chart says so. Wait for the $0.08s before even thinking long.
Not financial advice. Short the bounce, not the knife.
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