$CHIP (SHORT 🔴 )
The market is showing a bearish trend as CHIP fails to hold above key EMAs. The price is currently trading below the EMA(7), EMA(25), and EMA(99), signaling strong downward momentum after a rejection at the 0.059 resistance zone.
Market Statistics (24h)
24h High: 0.06145
24h Low: 0.05693
Trade Configuration
Market Condition: Bearish / Under EMA pressure.
✅Entry Price: 0.05730 - 0.05760
🔹Resistance: 0.05912
🔹Support: 0.05690
🎯Target 1: 0.05650
🎯Target 2: 0.05580
🛑Stoploss: 0.05880
Note: Watch for a break below the recent low of 0.05693 for confirmation of further downside. Use proper risk management.
CHIP
0.05387
-1.71%