$PIPPIN (1h) - Short Rejection Setup


Bias: Short
Entry (Zone): 0.0237 - 0.0240
Targets:
TP1: 0.0232
TP2: 0.0228
TP3: 0.0224
Stop Loss: 0.0245
Why this Setup:
I’m looking for a rejection after the sharp push into resistance, since the move has already stalled near the local high and momentum is fading. I want a clean retrace back into the lower range, with the best reward coming if price loses the 0.0232 area and extends toward the prior support zone.
PIPPIN2.12%
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