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$CHIP $CHIPUSDT (1h) - Bounce Reversal Long
Bias: Long
Entry (Zone): 0.0584 - 0.0589
Targets:
TP1: 0.0598
TP2: 0.0610
TP3: 0.0623
Stop Loss: 0.0574
Why this Setup:
I’m looking for a bounce from the current support area after the sharp selloff and consolidation breakdown. The 1h chart still leaves room for a mean-reversion move if buyers step in, and I want to keep the risk tight under the recent lows while targeting the next resistance bands above.
#GateSquareMayTradingShare