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$PIPPIN | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 0.01745 to 0.01775
Stop Loss: 0.01825
Targets:
TP1: 0.01700
TP2: 0.01660
TP3: 0.01620
Invalidation:
Close above 0.01825
Why This Setup:
I’m leaning short because the chart is still making lower highs and lower lows, with price struggling to reclaim the 0.0178-0.0180 area. I want a rejection from this range or a weak retest failure, since sellers have been controlling the trend and the next liquidity sits below recent swing lows.
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