$CHIP is in continuous dump as I told you.



$CHIP is playing out the same structure again. Price got pushed down hard into the 0.078 area exactly as expected. Market makers are clearly active here, and volatility is high.

Whale data shows 161 whales are buying while 94 whales are selling with long bias around 120%+, but price structure is still bearish with repeated lower highs and weak follow-through. Large holders from the 0.087 entry zone are still holding roughly $800K unrealized loss, which signals trapped positions rather than strong conviction.

Overall trend remains weak, but heavy positioning means short-term squeeze risk still exists.

📊 Quick Stats:

• 24h High: $0.1189

• RSI (6): 73.84 (Cooling down from overbought territory)

• Volume: Still massive with over 9B $CHIP traded!

Also, don't miss that 40,000,000 #CHIP token campaign Binance just introduced. 🎁

Are you buying this dip or waiting for lower support levels? 👇
CHIP-12.18%
IN6.12%
LONG-3.56%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin