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$CHIP (1h) - Bearish Pullback Short
Bias: Short
Entry (Zone): 0.05585 - 0.05615
Targets:
TP1: 0.05530
TP2: 0.05485
TP3: 0.05415
Stop Loss: 0.05695
Why this Setup:
I’m staying with the downside structure here because price keeps making lower highs and the recent bounce failed to reclaim the prior breakdown area. I want a clean retest into resistance for a short continuation toward the next support levels.
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