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Most traders will panic at RSI 26—I see $CHIP /USDT as a gift.
$CHIP - LONG
Trade Plan:
Entry: 0.05371 – 0.05395
SL: 0.05239
TP1: 0.05491
TP2: 0.05563
TP3: 0.05671
Why this setup?
RSI on 15m is deeply oversold at 26.14, while the 4h trend is range-bound with a LONG bias. ATR of 0.000996 confirms low volatility squeeze. Entry at 0.05383 targets TP1 at 0.05491—a 2% move with a 2.7% SL. The 77% confidence score suggests this dip is a reaccumulation zone, not a breakdown.
Debate:
Are you buying the oversold bounce or waiting for a lower low?
#GateSquareMayTradingShare