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$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.

$CHIP

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