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$PIPPIN PIPPINUSDT (1h) - Range Reversal Long
Bias: Long
Entry (Zone): 0.0230 - 0.0231
Targets:
TP1: 0.0233
TP2: 0.0235
TP3: 0.0237
Stop Loss: 0.0227
Why this Setup:
I’m watching for a long off this compressed support area after repeated tests and a failed push lower. I want to fade the weak downside momentum into a move back through the intraday range, with the first target at the prior reaction high and the higher targets into the next resistance band.