$PIPPIN — Intraday Momentum Continuation Setup
$PIPPIN is showing signs of a momentum continuation after reclaiming key intraday support.
On the 15-minute chart, price has:
Reclaimed the moving average cluster
Broken above the short-term structure high
Established acceptance above the 0.338 support zone
Printed bullish candles with improving MACD momentum. This combination supports a continuation bias.
Trade Plan
Entry (Long): 0.3450 – 0.3500
Targets:
• TP1: 0.3640
• TP2: 0.3780
• TP3: 0.4020
Stop Loss: 0.3320
Bias: Bullish while price remains above 0.338.
Consider scaling out at targets and tightening risk after TP1 to protect capital.
