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$PIPPIN | 1H | Breakdown Retest Short
Bias: Short
Entry Zone: 0.02460 to 0.02478
Stop Loss: 0.02505
Targets:
TP1: 0.02410
TP2: 0.02360
TP3: 0.02305
Invalidation:
Close above 0.02505
Why This Setup:
I’m looking for a short as price retests the 0.0247 resistance after a sharp selloff and failed recovery. The structure still favors sellers unless I reclaim the recent swing high with strength, and I expect downside continuation if this retest loses momentum.
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