$CHIP trading at $0.05791, up +4.83%, showing a V-shape recovery with continuation momentum.
Setup:• Entry: $0.0550–$0.0575
• Target 1: $0.0605
• Target 2: $0.0640
• Target 3: $0.0695
• Stop-loss: $0.05175
Analysis:
Price rebounded sharply from the $0.05175 support, reflecting a clean V-shape recovery with active continuation strength.
The move shows buyers stepping back in with improving momentum, signaling resilience rather than a weak bounce.
Current stabilization near highs suggests the recovery still has room for further upside progression.
Hold above $0.0550 zone = continuation remains active
Break below support = recovery weakens with pullback risk
Trade #chip here
CHIP
0.06174
-1.51%