CHIP Short-term Long Position, Waiting for a Breakthrough



Currently, CHIP is priced at $0.0794, testing the support zone at $0.0775. The 4-hour chart shows the downtrend has not yet reversed, but on-chain signals have started to show subtle changes.

📌 Trading idea: Mainly light positions, treat rebounds cautiously.

· Entry zone: $0.0775 (EMA support) and $0.0755 (consolidation low point convergence)
· Partial profit-taking zone: $0.0800 (short-term resistance), $0.0865 (25-day moving average + whale cost zone)
· Stop-loss level: effectively break below $0.0750

🐳 Market anomaly:
Whale long positions increased by 21.5%, while shorts were significantly reduced; the long-short ratio surged 34.5% to 1.32, indicating a bullish inflection point. Retail investors remain bearish, with clear emotional divergence.

⚠️ Risk reminder:
Volume shows 16% of sell-off distribution, profit-taking pressure remains. If it falls below $0.0755, it will test $0.0700. Currently, only light positions are used to gamble on rebounds at support levels; $0.0865 has not yet been broken above, so it is not considered a trend reversal.

🎯 Mid-term target: After breaking above $0.0865, expect to reach $0.0900. Control position size, do not chase high on rebounds. #OpenAI发布GPT-5.5 $CHIP
CHIP-20.3%
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