🔥 $PIPPIN — PRICE HOLDING ABOVE BREAKOUT, UPSIDE SCENARIO IN PLAY 🔥
$PIPPIN has printed a strong impulsive move from the base, followed by a shallow pullback. Price is holding firmly above the previous resistance zone, showing acceptance at higher levels and continued buyer control.
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📊 TRADE SETUP
Entry Zone:
0.38 – 0.41
Stop Loss:
0.31
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🎯 PROFIT TARGETS
• TP1: 0.50
• TP2: 0.65 – 0.70
• TP3: 0.78 – 0.80
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🔥 BULLISH THESIS
• Strong breakout from a prolonged consolidation range
• Pullback remains shallow and respects the new support zone
• Higher lows are forming → bullish structure intact
• Volume expansion on the breakout, contraction on pullback → healthy continuation
• Current price still sits within an optimal continuation area
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📌 SUMMARY
$PIPPIN remains constructive as long as price holds above the support zone. Favor pullback entries; avoid chasing extended candles.
