CHIP Needs an Hourly Close Above $0.05434 to Extend Recovery

CHIP needs a completed hourly close above $0.05434 to extend its recovery. A close below $0.05118 would weaken the setup. Neither level had been confirmed by a completed hourly close, leaving both as conditional markers rather than confirmed signals.

The last completed daily candle closed at $0.04396, below the 20-day EMA at $0.04712 and the 50-day EMA at $0.04597. The current daily candle was still open.

CHIP is USD.AI’s governance token. Holders vote on standards for GPU loans, including hardware qualifications and fees.