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$CHIP is still heavy.
I’m not seeing a clean bullish reclaim here — the bounce keeps getting capped and the structure is still making lower highs. Sellers are still defending the 0.0655 area.
Short idea:
Entry: 0.0635 - 0.0639
SL: 0.0656
TP: 0.0623 - 0.0600
If price loses 0.0632 cleanly, I think it can slide back into the lower liquidity pocket. Above 0.0656, the short is dead.