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$CHIP (1h) - Short
Bias: Short
Entry (Zone): 0.05405 - 0.05435
Targets:
TP1: 0.05330
TP2: 0.05255
TP3: 0.05180
Stop Loss: 0.05510
Why this Setup:
I’m leaning short because the 1h trend is still making lower highs and the recent bounce is stalling under a clear intraday resistance zone. I want to fade this push into resistance for a mean-reversion move back toward the prior lows.
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