Short liquidation: $1.03K at $0.05794
Entry Zone: $0.0565–$0.0580
Stop-Loss: $0.0540
TP1: $0.0605
TP2: $0.0635
TP3: $0.0670
CHIP is attempting to stabilize after short liquidity was cleared around $0.05794. The $0.0565–$0.0580 zone is the key area to watch. If buyers defend support and volume expands above $0.0605, momentum could extend toward the next resistance levels.
Invalidation: A sustained break below $0.0540 cancels the long setup.