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$CHIP | 1h | Range Reversal Long
Bias: Long
Entry Zone: 0.05760 to 0.05810
Stop Loss: 0.05670
Targets:
TP1: 0.05910
TP2: 0.06020
TP3: 0.06140
Invalidation:
Close below 0.05670
Why This Setup:
I’m looking for a bounce after the sharp selloff into the prior support area, where price is starting to compress near the lows. I want a reclaim of 0.05810 first, then continuation back into the 0.059-0.061 liquidity band if buyers step in.
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