Is CHIP experiencing a critical breakout or a breakdown with downward pressure? 0.118 is the dividing line between bulls and bears, and the main force's intentions are fully exposed!

Current Price: 0.1182

The current trend of CHIP appears to be oscillating on the surface, but in reality, it is a very typical “extreme compression of the directional choice structure.” Such phases are often the most testing, but once broken out, they lead to a continuation pattern.

Key sentence: It’s not that the trend is small now, but that it hasn’t started moving yet.

1. Daily Chart: Trend consolidation, waiting for the next trend to start

The daily structure is relatively healthy, but it has entered consolidation:

Previous rise followed by sideways oscillation

K-line bodies are shrinking, volatility narrowing

MACD has fallen back near the zero line

RSI remains in the 50-60 range

2. 4-Hour Chart: Converging triangle forming, countdown to breakout

The 4-hour chart is very clear:

Highs are gradually decreasing (0.130 → 0.125 → 0.122)

Lows are gradually rising (0.105 → 0.110 → 0.115)

This is a typical:

Converging triangle structure (volatility compression)

Technical aspects:

Bollinger Bands are tightening → precursor to a big move

MACD oscillating around the zero line → no trend

Volume continues to shrink → main force controlling the market clearly

3. 1-Hour Chart: Short-term weakness, but no trend yet

In the short cycle:

Repeated rebounds are blocked near 0.120

Short-term moving averages are flattening and trending downward

MACD oscillates in the bearish zone

Structural performance:

Weak oscillation, not a one-sided decline

4. Structural summary: Extreme compression → direction about to be chosen

Three-cycle resonance state:

Daily: Trend consolidation

4-hour: End of convergence

1-hour: Short-term weakness

This indicates:

CHIP has entered the “pre-breakout night”

【CHIP Today Short Position Strategy】

Entry position: 0.1182

First target: 0.10396

Second target: 0.09577

Stop-loss position: 0.12878