📉 $PIPPIN — Fade Setup (Range Weakness)
While many are expecting a bounce, $PIPPIN is showing signs of a potential fade from a key resistance zone, making this a high R/R short if sellers step in.
🔻 Trade Plan — SHORT
Entry: 0.09804 – 0.10162
Stop Loss: 0.11057
🎯 Targets:
TP1: 0.08909
TP2: 0.08551
TP3: 0.07835
💡 Why This Setup:
Price reacting at key 4H resistance zone
RSI neutral (~44) → room for downside expansion
Extremely low volume → weak bullish conviction
⚠️ What to Watch:
Weak bounces into entry zone = ideal short entries
Need confirmation → sellers must show follow-through
🚨 Invalidation: Break and hold above 0.11057 flips the setup bullish.
🤔 Debate Insight:
Fake bounce: traps early longs → continuation down
Real strength: breakout above resistance → short squeeze
🔥 In range markets, fades at resistance often offer the best edge.
👇 Trade Below Click Here$PIPPIN
