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$CHIP Going long from 0.062, current price 0.067, floating profit 350🔪, still holding position
Why dare to go long?
CHIP is at 0.062, which is the previous bottom area, no more decline.
Trading volume has shrunk to the lowest level, selling pressure exhausted.
The first target above is 0.067, already reached, the next target is 0.070-0.072.
How is it now?
From 0.062 to 0.067, about a 7% increase, floating profit 350🔪.
The rise has been smooth, with no significant pullback.
What to do now?
0.067 is the first target, already reached.
Now observe whether it can hold above 0.067.
If it stabilizes above 0.067, continue holding, look at 0.07-0.072.
If there is stagnation or long upper shadows near 0.067, close half to lock in profits.
Move the stop-loss of the remaining position above the entry price to protect capital.
Whale’s approach
Don’t cut losses, don’t add to the position, let profits run.
Floating profit is already more than double, now it’s time to protect profits.
Move the stop-loss up to the cost line, this order will no longer lose money.
Target levels
First target 0.067 (already reached)
Second target 0.070-0.072
Breakthrough 0.072 and look at 0.075
First target 0.067 has been reached, observe if it can hold.
If it holds, continue holding; if not, take half off.