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$PIPPIN (1h) - Bearish Continuation Short
Bias: Short
Entry (Zone): 0.0220 - 0.0224
Targets:
TP1: 0.0211
TP2: 0.0205
TP3: 0.0198
Stop Loss: 0.0231
Why this Setup:
I’m favoring a short here because price keeps rejecting the 0.0230 area after the impulsive move up, and the structure is still printing lower highs. I want to sell into this retest zone and look for a continuation back toward the recent support levels if momentum stays weak.