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$CHIP | 1h | Range Rejection Short
Bias: Short
Entry Zone: 0.05450 to 0.05470
Stop Loss: 0.05535
Targets:
TP1: 0.05395
TP2: 0.05335
TP3: 0.05280
Invalidation:
Close above 0.05535
Why This Setup:
I’m seeing a weak bounce into prior breakdown resistance near 0.055, with lower highs still controlling the chart. Price is holding below the recent supply zone, so I want continuation lower if this retest fails.
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