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$CHIP pushed into 0.14069 and failed to hold the spike.
Trading Plan
Short CHIP up to 10x
Entry: 0.1000 to 0.1060
SL: 0.1415
TP1: 0.0940
TP2: 0.0880
TP3: 0.0800
Price ran hard into 0.14069, but the move got rejected and the structure has been fading since the top. The rebound attempts are weak, and price is no longer reclaiming the higher zone cleanly after the selloff. That usually signals momentum is cooling fast and keeps the setup tilted toward another leg lower if sellers stay in control.
As long as CHIP stays below the recent rejection area, this setup favors continuation into lower support.
Trade here $CHIP