$CHIP Cooling Off After Rejection — Go Short Because $0.05 is Coming 🔥
$CHIP is losing momentum after a sharp rejection from resistance, signaling a potential downside move.
📉 Trade Setup (Short)
📊 Entry Zone: 0.098 – 0.108
🛑 Stop Loss: 0.120
🎯 Targets:
TP1: 0.085
TP2: 0.075
TP3: 0.065
TP4: 0.055
💡 After the strong push toward 0.14, price is now forming lower highs and struggling to hold above short-term averages.
📊 Declining volume on bounce attempts suggests buyer strength is fading, increasing the chances of further downside.