$CHIP faced long liquidations around $0.025, showing leveraged buyers were forced out during the decline. Price needs to stabilize above support for a possible recovery.
Current Zone: $0.02500
Support: $0.02450 / $0.02380
Resistance: $0.02600 / $0.02700
Breakout Level: $0.02600
Entry Zone: $0.02470-$0.02550
Stop Loss: $0.02380
Next Target: $0.02700 → $0.02850
Bias: Recovery above $0.02450
Holding support can create a rebound setup, while losing $0.02450 may extend downside pressure.
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