$CHIP is still looking weak here.


This bounce is running into supply again, and momentum never really flipped back bullish. I’m watching the $0.0655 - $0.0662 area for rejection first.
Short
Entry: $0.0655 - $BTC SL: $BTC TP1: $0.0640TP2: $0.0625TP3: $0.0610If price gets back above $0.0678, the short idea is dead. Until then, sellers still have the cleaner side of the tape.
CHIP2.35%
BTC1.39%
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