$PIPPIN is in a corrective phase after a recent downside sweep, with price stabilizing near a developing demand pocket. Selling momentum has slowed, suggesting exhaustion rather than aggressive continuation. Structure favors a tactical rebound if support continues to hold.
Support: 0.452 – 0.438 Resistance: 0.492 – 0.525 Entry Point (EP): 0.455 – 0.468 Best entries come from basing behavior, not impulse candles. Targets: TP1: 0.492 – first reaction level TP2: 0.525 – range high TP3: 0.575 – extension on momentum Stop Loss (SL): 0.424 Outlook: As long as $PIPPIN holds above 0.45, downside looks corrective. A reclaim of 0.49 would confirm short-term strength returning. $PIPPIN
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$PIPPIN is in a corrective phase after a recent downside sweep, with price stabilizing near a developing demand pocket. Selling momentum has slowed, suggesting exhaustion rather than aggressive continuation. Structure favors a tactical rebound if support continues to hold.
Support: 0.452 – 0.438
Resistance: 0.492 – 0.525
Entry Point (EP): 0.455 – 0.468
Best entries come from basing behavior, not impulse candles.
Targets:
TP1: 0.492 – first reaction level
TP2: 0.525 – range high
TP3: 0.575 – extension on momentum
Stop Loss (SL): 0.424
Outlook:
As long as $PIPPIN holds above 0.45, downside looks corrective. A reclaim of 0.49 would confirm short-term strength returning.
$PIPPIN