$PIPPIN | Ascending Triangle Breakout – Target $0.0400–0.0410
The chart has completed a bullish ascending triangle pattern, with the breakout confirming an upside target projected toward $0.0400–0.0410. Early breakout buyers are already in profit, but chasing the pump here carries high risk.
Key Strategy Points:
· Wait for pullback or consolidation – look for entries near $0.034–0.036 if price retests former resistance-turned-support.
· Stop Loss – below breakout zone (around $0.032).
· Target – $0.040–0.041 (measured move from pattern).
Risk Management:
· Do not FOMO – entering late increases risk of a shakeout.
· Volume confirmation – ensure follow-through volume supports the breakout.
· Be patient – let price come to you, not the other way around.
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