🔴 Longs liquidated: $1.70K @ $0.02908
CHIP has recorded a meaningful long flush near $0.02908. This suggests buyers using leverage were forced out, leaving the market vulnerable to another downside test.
Support: $0.0285 → $0.0275
Resistance: $0.0297 → $0.0310
Next Target: $0.0275 below support, while reclaiming $0.0297 could open $0.0310.
📌 Signal: Bearish under $0.0297. Watch for stabilization around $0.0285 before considering a reversal.
⚠️ These are tactical levels, not guarantees.
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