$CHIP – Big drop after the big pump. Now watching for bounce

Trading Plan Long $CHIP

Entry: 0.0770 – 0.0795

SL: 0.0740

TP: 0.0840

TP: 0.0880

TP: 0.0920

CHIP went up over 600% then dropped 16%. That's normal. After a huge pump, a pullback always comes. The question is where does the pullback end? Right now, CHIP is sitting near a level where buyers stepped in before. The drop is slowing down. The selling pressure is getting weaker. When a coin drops hard and then starts to stall near a support zone, it often leads to a bounce. This is not a reversal yet — it's a short-term bounce play. Tight stop below 0.0740.

👇 Trade $CHIP

CHIP
CHIPUSDT
0.07105
-17.68%