🟢 $CHIP Short Liquidation Alert 🚨

💥 Liquidation: $5.2317K

💵 Price: $0.02907

📈 Support:

• $0.02830

• $0.02750

• $0.02650

🚧 Resistance:

• $0.02980

• $0.03060

• $0.03200

🎯 Next Target: A breakout above $0.02980 could push $CHIP toward the $0.03060–$0.03200 zone.

📊 Market Read:

A $5.2317K short liquidation signals strong buying pressure as bearish positions were forced to close. Holding above $0.02830 could keep the bullish momentum alive, while a clean break above $0.02980 may trigger another upside move.

📌 Trading Plan:

🔼 Above $0.02980 → bullish continuation

🔻 Below $0.02830 → momentum weakens

⚡ Pro Tip: $5K+ liquidation = elevated volatility. Don't chase the squeeze. Wait for a confirmed breakout above $0.02980 with volume follow-through.

⚠️ Risk: 🔥 High

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