$CHIP Long Liquidation Alert
Price: $0.02284
Support:
• $0.02250
• $0.02200
• $0.02140
Resistance:
• $0.02320
• $0.02380
• $0.02450
Next Target: If $0.02250 breaks, $CHIP could decline toward the $0.02200–$0.02140 support zone.
Analysis:
A $3.3153K long liquidation indicates bullish positions were forced to close as selling pressure increased. Continued weakness below support may reinforce short-term bearish momentum.
Trading Plan:
Watch the $0.02250 support level. A confirmed breakdown may signal further downside, while a recovery above $0.02320 could indicate buyers are regaining momentum.
Risk: Medium
#Meme coins enter crypto ETF #Ethereum and Solana supply changes #US Nonfarm Payrolls fall #Global memory stock price plunge #CLARITY Act Senate vote set for September
