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Smart money is quietly accumulating $CHIP/USDT while most retail traders are still waiting for clearer confirmation. On the 4H chart, the price structure shows a quite promising LONG signal, especially since the daily trend is still sideways – suitable for a mean reversion strategy.
📈 LONG setup $CHIP
⟶ Entry: 0.05803 – 0.05827
⛔ Stop Loss: 0.05695
• TP1: 0.05905
• TP2: 0.05965
• TP3: 0.06055
📊 Why should you pay attention to this setup?
• The 4H LONG probability is considered high.
• RSI on 15m is at 45.77 → not yet in overbought territory, room to grow.
• Entry around 0.05815 with a short stop at 0.05695 → risk is clearly controlled.
• Target at 0.06055, offering over 4% upside.
• Daily trend is sideways → buying on dips and taking profit near resistance is quite reasonable.
Currently, this is a good accumulation zone to gradually enter in parts.
Do you prefer to scale in gradually as the price adjusts or wait for a daily breakout to confirm a stronger trend?
Click here to Trade 👇️
{future}(CHIPUSDT)