🔍 1H Chart Breakdown

$PIPPIN

Strong impulsive move (parabolic)

Price far above MA25 & MA99 → overheated

MA7 ≈ 0.337 → first dynamic support

Volume already peaked earlier → momentum slowing

Current zone 0.355–0.358 = supply / profit-taking area

❌ What NOT to do

No FOMO LONG here ❌

This is where late buyers get trapped.

✅ Best Trade Setups

🟢 LONG (Preferred, safer)

Wait for pullback + hold

Entry zones:

0.33 – 0.32 (MA7 / breakout retest)

Aggressive: 0.31

Stop-loss: below 0.295

Targets:

TP1: 0.38

TP2: 0.42

TP3 (extension): 0.48

📌 This is trend continuation LONG, not gambling.

🔴 SHORT (Scalp only ⚠️)

ONLY if price:

Rejects 0.36–0.38

Shows long upper wicks / volume drop

Short entry: 0.365–0.375

SL: above 0.39

Target: 0.33 → 0.31

⚠️ Counter-trend → small size, quick exit.

🧠 Final Decision

Trend: BULLISH

Smart money play: wait → LONG on pullback

High risk play: short the top (scalp only)