$pippin made a sharp parabolic push, but after the big extension it got rejected at the top, with clear distribution candles showing up on the 1H chart 📉

That signals exhaustion from buyers and a likely pullback, so a short setup is in play.

Sell zone: 0.500 – 0.515

Targets:

• TP1: 0.470

• TP2: 0.440

• TP3: 0.405

Stop loss: 0.545

Bias stays bearish as long as price remains below the recent high and distribution continues.

pippin

Alpha

0.4673

+16.72%

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