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$CHIP (1h) - Long Breakout Retest
Bias: Long
Entry (Zone): 0.0486 - 0.0494
Targets:
TP1: 0.0508
TP2: 0.0526
TP3: 0.0544
Stop Loss: 0.0469
Why this Setup:
I’m looking for continuation after the recent rebound from the mid-0.046 area, with price reclaiming the 0.049 region and trying to build a higher low. I want to buy a clean retest or fresh push through resistance, aiming for the prior swing highs if momentum holds.