Post
$CHIP | 1H | Rejection Short
Bias: Short
Entry Zone: 0.05750 to 0.05785
Stop Loss: 0.05885
Targets:
TP1: 0.05695
TP2: 0.05635
TP3: 0.05580
Invalidation:
Close above 0.05885
Why This Setup:
I’m shorting the lower-high rejection under the 0.0580 resistance band after the recent breakdown from the 0.0600 area. Momentum is fading into a tight intraday range, and I want continuation toward the prior liquidity lows if buyers fail to reclaim the breakdown level.

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