$PIPPIN caught my attention because the spike was violent but the reaction after it stayed controlled, and I’m seeing price hold instead of bleeding out.

I’m watching this because after the sharp wick to the high, price didn’t crash back to the base. It pulled back, built a range, and started forming higher lows again. That tells me buyers are still defending this zone.

Market read

Price expanded fast, then corrected into a tight structure. The sell off removed weak hands, but the base around this area is holding. This looks more like digestion than rejection.

Entry point

0.318 to 0.323

I’m looking to enter on dips into this consolidation range where price keeps reacting.

Target point

TP1 0.335

TP2 0.360

TP3 0.395

Stop loss

0.307

Below the recent structure low. If price goes there, the setup fails.

How it’s possible

The impulse created liquidity above. The pullback was shallow and volume cooled, which usually means sellers are exhausted. I’m seeing higher lows, small-bodied candles, and fast recoveries on dips. If momentum returns, price can push back toward the highs quickly.

I’m staying focused and only playing continuation if structure holds.

Let’s go and Trade now $PIPPIN