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$CHIP is showing a potential recovery setup after an extended downtrend on the 15m chart.
Price bounced strongly from the local bottom and is starting to print higher lows with bullish momentum building.
Bias: Long
Entry: 0.0541 - 0.0543
SL: 0.0528
TP1: 0.0555
TP2: 0.0570
TP3: 0.0590
If price stays above 0.0538, the rebound structure remains valid.
Break above 0.0550 could trigger a stronger continuation move toward the upper resistance zone.#GateSquareMayTradingShare