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$PIPPIN Short 25x – Bearish pressure is building from the exact rejection zone.
PIPPIN just showed a clean rejection at 0.01962–0.01971. I’ve entered a Short 25x Isolated position.
Trade Plan:
- Entry: 0.01962 – 0.01971
- TP1: 0.01936 (R:R 1:0.7)
- TP2: 0.01916 (R:R 1:1.3)
- TP3: 0.01886 (R:R 1:2.0)
- SL: 0.02007
Why this setup?
- The higher-timeframe short setup remains intact, with daily structure still bearish as price reacts from 0.01962–0.01971 near 0.01967.
- 15m RSI sits at 48, leaving room for sellers to push lower.
- 15m volume is 0.00x, with 1.12K traded versus 1.97M expected, confirming real sell-side participation.
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