CHIP/USDT (1h) Testing a Falling Wedge Breakout

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CHIP/USDT (1h) Testing a Falling Wedge BreakoutCHIP / TetherUSBINANCE:CHIPUSDTuser0_0xCHIP/USDT is consolidating inside a falling wedge on the 1H chart after rejecting from the $0.0468 resistance area. Price has been forming lower highs while the range gradually compresses, and is now testing the descending upper boundary around $0.0405–$0.0410. A confirmed breakout above the wedge resistance could trigger a bullish recovery toward the previous major resistance near $0.0468. A rejection from the upper trendline would keep the pattern active, while a breakdown below the lower boundary around $0.0390 would weaken the bullish setup.