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Everyone’s waiting for a breakout, but $CHIP /USDT is quietly coiling inside a range—insiders know what happens next.
$CHIP - LONG
Trade Plan:
Entry: 0.062044 – 0.062226
SL: 0.061257
TP1: 0.062793
TP2: 0.063232
TP3: 0.063891
Why this setup?
• 4h trend is range-bound, but 15m RSI at 42.75 shows oversold pressure building.
• Entry at 0.062135 sits near range support, with tight ATR (0.001166) suggesting a squeeze.
• TP1 at 0.062793 is a quick 1% scalp; TP3 at 0.063891 targets range resistance.
• Why now? Low confidence (55%) means risk is controlled—wait for volume confirmation.
Debate: #GateSquareMayTradingShare
Is this a dead cat bounce or the start of a range breakout to TP3?
Click here to Trade 👇️ $CHIP