【$CHIP Signal】Long position, 1H level funds support, 4H short squeeze structure

$CHIP The 1H level price is consolidating around 0.0617, with buy orders 60% deeper than sell orders, fully exposing the funds support intention. The MACD histogram on the 4H level continues to expand, and the price is steadily above the upper band of the Bollinger Bands, which is a typical feature of a strong short squeeze. Negative funding rates indicate high costs for short positions, fueling the subsequent short squeeze rally.

Enter directly around the current price of 0.0617, with a stop below 0.06095. The first target is 0.0643, and the second target is 0.0654.

This deep imbalance combined with negative rates means that once shorts close their positions, a strong push will occur. The 1-hour trading volume shrinks during consolidation, indicating healthy chip accumulation. The current risk-reward ratio is close to 2, which is within an acceptable risk range.

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