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$CHIP surged +11.1% in 24h, driven by strong smart wallet accumulation and a volume backed breakout above the 99 EMA signaling renewed bullish control.
However, caution remains key ⚠️
RSI at extreme overbought levels (92.9) and an upcoming 22.9M token unlock (May 21) could trigger short term pullbacks and volatility.
Outlook:
Momentum is bullish, but risk management is critical amid potential correction pressure.
$CHIP #TradfiTradingChallenge #30YearTreasuryYieldBreaks5% #DailyPolymarketHotspot