$CHIP bearish pressure — breakdown phase CHIP is down -7.91%, showing clear bearish pressure after losing key support levels. The structure suggests a breakdown rather than a simple pullback. Sellers are currently dominating, and recovery will need strong buying volume. Volume is elevated — selling momentum active. -7.91% recent move +5% to +10% bounce potential -6% to -12% further downside risk Key Levels: Support: 0.062 – 0.055 Resistance: 0.072 – 0.080 Market Insight: Breakdowns often continue unless buyers step in strongly.