CHIP | Compression Breakout Setup | $0.072 Market Read CHIP is stabilizing after a sharp correction phase. Price action is beginning to compress above support, suggesting potential accumulation before expansion. Key Levels 🟢 Demand zone: 0.069 - 0.066 🛡 Structural support: 0.062 🔴 Breakout trigger: 0.076 🎯 Upside targets: 0.082 / 0.089 / 0.098 Structure Signal Price is forming a tight consolidation range beneath resistance while maintaining higher lows — an early bullish continuation structure. Bull Scenario If 0.076 breaks: Recovery push toward 0.082 Continuation into 0.089 Momentum expansion may test 0.098 Risk Scenario If 0.069 fails: Retrace toward 0.066 likely Lose 0.062, bullish structure weakens sharply Momentum Pulse RSI recovering from neutral low territory MACD attempting upside crossover Volume profile suggests gradual accumulation near support Execution Plan Support bid: around 0.069 Breakout entry: above 0.076 Invalidation: below 0.062 Bias Score: 7.3/10 Bullish CHIP is showing signs of early stabilization after heavy downside pressure. A confirmed breakout above 0.076 could trigger a broader recovery move. $CHIP