$PIPPIN (1H) - Short Rejection Setup


Bias: Short
Entry (Zone): 0.0305 - 0.0309
Targets:
TP1: 0.0298
TP2: 0.0292
TP3: 0.0284
Stop Loss: 0.0316
Why this Setup:
I still see a bearish structure on the higher timeframe, and this current push into the 0.031 area looks like a rebound into resistance rather than a clean reversal. I want to short the rejection if price fails to hold above the recent swing high, with room to fade back toward the prior support bands. The move has enough momentum for a sharp continuation lower, but I need confirmation that the bounce is losing strength first.
PIPPIN0,35%
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HonorableOne
· 11h ago
I also believe in a bearish trend; this coin has no hope left, constantly enticing buyers.
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