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$CHIP $CHIPUSDT (1H) - Short Setup
Bias: Short
Entry (Zone): 0.0630 - 0.0636
Targets:
TP1: 0.0612
TP2: 0.0602
TP3: 0.0592
Stop Loss: 0.0650
Why this Setup:
I’m watching for a rejection after the sharp rebound into prior resistance, since price is still making lower highs on the 1H. I want to fade any weak push above 0.0630 and look for a move back into the 0.0600 area, where the recent range has been reacting.
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