CHIP | Momentum Compression Spring | $0.0715 Market Read CHIP is loading into a compression spring pattern where tightening price action can release into a sharp impulse move. Spring Levels 🟢 Demand trench: 0.0698 - 0.0689 🛡 Base support: 0.0667 🔴 Release trigger: 0.0734 🎯 Upside targets: 0.0762 / 0.0798 / 0.0845 Structure Signal Price keeps respecting rising support while overhead supply gets tested repeatedly. Breakout pressure is building. Bull Scenario If 0.0734 breaks: First impulse toward 0.0762 Continuation into 0.0798 Momentum extension may test 0.0845 Risk Scenario If 0.0698 fails: Pullback toward 0.0689 likely Lose 0.0667, structure weakens Momentum Pulse RSI recovering into constructive territory MACD shows bullish curl Volume hints accumulation beneath resistance Execution Plan Support entry: around 0.0698 Breakout entry: above 0.0734 Invalidation: below 0.0667 Bias Score: 7.8/10 Bullish CHIP looks like a compression spring candidate. 0.0734 is the release point. Break it and upside may accelerate quickly. $CHIP