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$PIPPIN (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.0218 - 0.0223
Targets:
TP1: 0.0205
TP2: 0.0192
TP3: 0.0178
Stop Loss: 0.0236
Why this Setup:
I see the latest bounce failing under the local spike high, and I want to short a retrace into resistance after the sharp rejection. The move still looks extended, so I’m targeting a rotation back toward the prior breakout area if sellers stay in control.