š„ $PIPPIN ā PRICE HOLDING ABOVE BREAKOUT, UPSIDE SCENARIO IN PLAY š„
$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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š TRADE SETUP
Entry Zone:
0.38 ā 0.41
Stop Loss:
0.31
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šÆ PROFIT TARGETS
ā¢ TP1: 0.50
ā¢ TP2: 0.65 ā 0.70
ā¢ TP3: 0.78 ā 0.80
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š„ BULLISH THESIS
ā¢ Strong breakout from a prolonged consolidation range
ā¢ Pullback remains shallow and respects the new support zone
ā¢ Higher lows are forming ā bullish structure intact
ā¢ Volume expansion on the breakout, contraction on pullback ā healthy continuation
ā¢ Current price still sits within an optimal continuation area
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š SUMMARY
$PIPPIN remains constructive as long as price holds above the support zone. Favor pullback entries; avoid chasing extended candles.
