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$CHIP | 1H | Bearish Continuation Setup
Bias: Short
Entry Zone: 0.04790 to 0.04815
Stop Loss: 0.04872
Targets:
TP1: 0.04720
TP2: 0.04670
TP3: 0.04600
Invalidation:
Close above 0.04872
Why This Setup:
I’m seeing a clean intraday downtrend with lower highs and failed bounce attempts into resistance. Price is still trading below the recent breakdown area, so I’m looking for a rejection or weak retest before continuation lower.

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