🚀 $PIPPIN (PIP) Breaks Out — Bulls Maintain Control Above Key Trendline
PIPPIN has successfully broken above the descending trendline and is now consolidating around $0.0305–$0.0310, showing strong bullish momentum on the 5-min chart.
After retesting the breakout zone near $0.0290, price bounced sharply, confirming the breakout as valid. As long as PIPPIN stays above this red zone, momentum remains in favor of the bulls.
🎯 Trade Setup (Bullish Continuation):
Entry: $0.0300 – $0.0302 (on trendline retest)
Stop-Loss: $0.0288
Target 1: $0.0312
Target 2: $0.0325
Risk/Reward: ~1:2.5
🟢 Support Zone: $0.0260–$0.0265 (green zone — strong previous demand area)
🔴 Breakout Retest Zone: $0.0288–$0.0292
💡 Watch for clean retests or a consolidation breakout above $0.0310 for confirmation. Failure to hold the $0.0288 support could trigger a deeper pullback.
#Pippin #Pip #CryptoTradingInsights #priceaction #TradingSetupc
PIPPIN has successfully broken above the descending trendline and is now consolidating around $0.0305–$0.0310, showing strong bullish momentum on the 5-min chart.
After retesting the breakout zone near $0.0290, price bounced sharply, confirming the breakout as valid. As long as PIPPIN stays above this red zone, momentum remains in favor of the bulls.
🎯 Trade Setup (Bullish Continuation):
Entry: $0.0300 – $0.0302 (on trendline retest)
Stop-Loss: $0.0288
Target 1: $0.0312
Target 2: $0.0325
Risk/Reward: ~1:2.5
🟢 Support Zone: $0.0260–$0.0265 (green zone — strong previous demand area)
🔴 Breakout Retest Zone: $0.0288–$0.0292
💡 Watch for clean retests or a consolidation breakout above $0.0310 for confirmation. Failure to hold the $0.0288 support could trigger a deeper pullback.
#Pippin #Pip #CryptoTradingInsights #priceaction #TradingSetupc