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$CHIP (1h) - Pullback Long
Bias: Long
Entry (Zone): 0.0500 - 0.0508
Targets:
TP1: 0.0522
TP2: 0.0538
TP3: 0.0555
Stop Loss: 0.0486
Why this Setup:
I’m looking for continuation after the recent rebound off the lows, with price reclaiming the 0.0500 area and showing strong momentum back above it. I want a pullback into support so I can catch the next leg higher while keeping risk below the prior swing low.