💰 COIN: $pippin

pippinSolana
pippin
0.264
+12.15%

/ USDT

📈 DIRECTION: LONG (Cautious Reversal)

🎯 Entry Zone

0.41600 – 0.41900

🛑 Stop Loss

0.40000 (Structure invalidation)

✅ Take Profit Targets

TP1: 0.45000

TP2: 0.48000

TP3: 0.50000 (Previous resistance zone)

🧠 Technical Rationale

Support Holding

Price is defending the recent swing low at 0.40078 and has already shown a reaction bounce toward 0.417+, indicating buyer presence.

Consolidation After Dump

Following a sharp decline from 0.55, price is now moving sideways — a classic accumulation / absorption phase rather than aggressive continuation.

Liquidity Above

A clear liquidity pool sits higher (0.50+). If momentum flips, price often seeks this zone.

Volume & Momentum Context

Volume is currently muted, which supports consolidation.

⚠️ Confirmation comes with a clean break and hold above 0.42000 with volume expansion.

Higher Timeframe Bias

Trend is still bearish from the 0.55 high, so this is a counter-trend long — position sizing must remain conservative.

⚠️ Trade Conditions

Prefer entry only if price holds above 0.41663

Strong confirmation if 0.42000 breaks with volume

A sustained break below 0.40078 invalidates this setup

📈 Trade Management

Partial profits recommended at TP1

Trail stop once price holds above 0.45

If 0.50 breaks, next upside liquidity sits near 0.53442

✅ Final Notes

This is a structure-based bounce, not a trend reversal yet.

Small size, strict stop, patience — let price confirm.

Not Financial Advice

#PIPPIN #PIPPINUSDT #BinanceFutures #ReversalTrade #priceaction