$CHIP /USDT BEARISH BREAKDOWN CONTINUATION SETUP
Price action shows weakness after failing to sustain above intraday resistance, followed by lower high formations and consistent pressure toward support levels. Market structure indicates sellers are dominant, and a breakdown continuation is likely if current support fails to hold.
SHORT TRADE SETUP
Entry:
Aggressive: Short on rejection near 0.0638 – 0.0645
Safe: Breakdown confirmation below 0.0630
Targets (TP): TP1: 0.0620
TP2: 0.0614
TP3: 0.0600
Stop Loss (SL): Above 0.0655 (invalidates bearish structure)
RISK MANAGEMENT
Risk only 1–2% of total capital per trade. Book partial profits at TP1 and shift stop loss to breakeven to protect downside gains while allowing continuation.
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