CHIP breaks below a key structure! 0.098 has become a sign of weakness, and the bears still have room to decline within the day.

Current Price: 0.09832

Direct conclusion: CHIP has shifted from oscillation to a weak downward structure, with a clear short-term bearish rhythm, more likely to continue declining within the day rather than rebound and recover.

1. 4-hour level: continuation of bearish trend after breakdown

Clearly broke below the previous consolidation zone (key level at 0.100) Highs are continuously decreasing, indicating weakening structure MACD is operating below the zero line and expanding Bollinger Bands are opening downward, with price near the lower band

Core judgment: The 4-hour chart has entered a trend-weakening phase, with bears dominating

2. 1-hour level: formation of a standard bearish rhythm

A continuous “decline → weak rebound → decline again” pattern Rebounds are always resisted around 0.0995-0.100 Moving averages are clearly in a bearish alignment MACD is continuously expanding in bearish territory

Short-term rhythm: Mainly downward, with potential for continuation

3. Intraday trend projection

If unable to regain stability above 0.100:

Likely to maintain a sideways downward movement throughout the day There may be small rebounds along the way, but they are unlikely to last The price will gradually test 0.097 or even lower

4. Direct trading strategy (as requested)

Direction: Short (market order)

Entry price: around 0.09832

Take profit:

First target: 0.09734 (+1%) Second target: 0.09636 (+2%)

Stop loss:

Stop loss level: 0.09980 (approximately -1.5%)