🔥 $CHIP Short Squeeze Watch — Pressure Is Building

🟢 just saw a $2.508K short liquidation at $0.02909, a sign that bearish positions are getting forced out. When shorts start closing under pressure, volatility can expand quickly and create momentum for the next move.

📍 Support: $0.0280–$0.0290

🧱 Resistance: $0.0300–$0.0310

🎯 Next Target: $0.0325 → $0.0350

🚀 Breakout Target: $0.0380

The key level to watch is $0.0310. A strong move above it with rising volume could trigger another wave of short liquidations and accelerate the upside.

💡 Pro Tip: Don’t chase the first pump. Watch for a clean breakout and retest of resistance turning into support. If $0.0280 fails, the bullish setup weakens.

⚠️ Liquidations create volatility, not guaranteed direction. Manage risk and confirm volume before entering.

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