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$PIPPIN | 1h | Short Reversal
Bias: Short
Entry Zone: 0.0200 to 0.0206
Stop Loss: 0.0211
Targets:
TP1: 0.0188
TP2: 0.0176
TP3: 0.0159
Invalidation:
Close above 0.0211
Why This Setup:
I’m fading the recent vertical push into resistance after a sharp multi-candle rally. I want confirmation that momentum is stalling near the highs, with a breakdown back below the 0.0200 area opening room for a retrace into prior support.
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