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$PIPPIN | 1H | Bearish Retest
Bias: Short
Entry Zone: 0.02435 to 0.02465
Stop Loss: 0.02510
Targets:
TP1: 0.02400
TP2: 0.02355
TP3: 0.02295
Invalidation:
Close above 0.02510
Why This Setup:
I’m seeing a short-term bearish structure with a sharp breakdown followed by a bounce into prior supply. If price fails to reclaim the 0.0246 area, I expect sellers to defend the retest and push toward the recent lows.
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