$pippin is leaning up, but structure stays heavy — careful into this level. 🔴
$pippin - SHORT
Trade Plan:
Entry: 0.522 – 0.534
SL: 0.564
TP1: 0.492
TP2: 0.480
TP3: 0.456
Why this setup?
PIPPIN is in a premium-to-sell structure plan on 4h; the 1D context is bullish, so levels matter most. Key zone: (0.522-0.534) (midpoint 0.528). ATR 1H sits at 0.024 (~4.5%) → not a wide-open regime. 15m RSI: 61 → momentum allows downside to develop
Hold 0.383 as the line in the sand; 0.492 is the first checkpoint (~6.8%). RR≈0.25. If follow-through accelerates, 0.456 is the extension (~13.6%, RR ~0.50). Acceptance beyond 0.383 cancels the idea.
Debate:
Do you see PIPPIN visiting 0.492, or does it break and travel to 0.456?
Trade here 👇 and comment your bias!
