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$CHIP | 1h | Range Breakdown Short
Bias: Short
Entry Zone: 0.05455 to 0.05475
Stop Loss: 0.05535
Targets:
TP1: 0.05410
TP2: 0.05380
TP3: 0.05335
Invalidation:
Close above 0.05535
Why This Setup:
I see price grinding under a lower-high structure after a sharp breakdown, and I want to short failed bounces into the range ceiling. Momentum is still weak, so I’m targeting a move back toward the prior lows if 0.0546 keeps rejecting.
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