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$CHIP (1h) - Bearish Continuation Short
Bias: Short
Entry (Zone): 0.05395 - 0.05425
Targets:
TP1: 0.05345
TP2: 0.05295
TP3: 0.05235
Stop Loss: 0.05505
Why this Setup:
I’m fading the weak bounce because price keeps making lower highs and is still struggling to reclaim the 0.055 area. I want to sell into this tight range and look for continuation toward the prior swing lows if the current support gives way.
#GateSquareMayTradingShare