【$CHIP Signal】Long squeeze + negative fee rate support

$CHIP Funding rate -0.0833%, shorts continue to pay holding costs. The 4H Bollinger upper band at 0.0418 has been broken through, and the price is consolidating around 0.0427. Although the selling depth is relatively weak, the price has not effectively pulled back, and the short squeeze structure is gradually maturing.

🎯Direction: long

⚡Entry/Order: 0.0425520 - 0.0426800

🛑Stop loss: 0.0405460

🚀Target 1: 0.0458810

🚀Target 2: 0.0474815

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

The 1H MACD histogram is gradually shortening, indicating convergence of upward momentum, but the 4H MACD remains positive and expanding, maintaining a healthy larger cycle trend. Open interest remains stable, with no obvious signs of long or short exit. The negative fee rate combined with sideways price action offers a decent risk-reward ratio for longs. The profit/loss ratio is 1.5, with a short-term breakout point approaching.

View real-time market 👇 $CHIP
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