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$PIPPIN (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.02530 - 0.02555
Targets:
TP1: 0.02485
TP2: 0.02440
TP3: 0.02385
Stop Loss: 0.02605
Why this Setup:
I’m staying short while price keeps failing to extend above the recent swing highs and is showing rejection around the 0.0255 area. I see room for a move back into the lower support band near 0.0248, with continuation potential if momentum fades and the current bounce rolls over.
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