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$CHIP is clearly shifting into a downtrend continuation phase.....
Lower highs are forming and buyers are losing control after the sharp distribution move.
Trade Setup — $CHIP (SHORT IDEA)
Entry Zone: 0.0800 – 0.0825
TP1: 0.0750
TP2: 0.0700
TP3: 0.0650
Stop Loss: 0.0860
If price rejects from 0.082 again, downside pressure can extend fast......
Only a reclaim above 0.085 would cancel bearish momentum......
Right now structure favors sellers — rallies are likely to be sold into, not chased.....
buy now and trade here on $CHIP