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$PIPPIN | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 0.01585 to 0.01605
Stop Loss: 0.01645
Targets:
TP1: 0.01525
TP2: 0.01485
TP3: 0.01420
Invalidation:
Close above 0.01645
Why This Setup:
I’m leaning short while price keeps rejecting after the spike and fails to reclaim the local breakdown area. I want continuation if the 1h structure stays weak below the 0.0162–0.0164 zone, with room back into the prior low and liquidity pocket.