📊 CHIP at $0.12 — Quiet Before the Bounce?
After the recent pullback, CHIP is sitting around $0.12, and this zone is starting to look like a solid base.
👀 What I’m watching:
* Price holding above key support near $0.11–$0.12
* Selling pressure slowing down
* Early signs of accumulation
📈 Bullish case:
If momentum picks up, a move back to $0.14 isn’t far-fetched.
That’s the next key resistance—and a break above it could trigger a stronger continuation.
⚠️ But stay realistic:
* No volume = no breakout
* Losing $0.11 support = downside risk returns
🧠 Setup:
* Current zone: Potential accumulation
* Target: $0.14 short-term
* Confirmation: Strong volume + clean breakout
Bottom line:
CHIP doesn’t look dead—just cooling off.
If buyers step in, this could easily rotate back toward $0.14.