$PIPPIN 📊 Current Situation (4H)

Price: ~0.4659

24H move: +31% (strong impulsive pump)

Recent low: 0.2645

Recent high: ~0.4837

Indicator: Parabolic SAR flipped bullish and still below price → uptrend intact

Volume: Expansion during pump → confirms strength

🔍 Market Structure

This is a V-shaped recovery from 0.26 → 0.46

Price is now near resistance zone (0.48–0.50)

After such vertical moves, pullback or consolidation is normal

❌ Is it good to SHORT now?

No — risky right now.

Why:

Trend is still bullish

No clear rejection candle yet

Shorting into momentum = liquidation trap

📛 Avoid blind short here

✅ Safer SHORT plan (wait & confirm)

Only consider short IF price shows rejection:

Short Zone:

0.48 – 0.50

Confirmation needed:

4H rejection / long wick

Bearish engulfing OR SAR flip above candles

Targets (if short works):

TP1: 0.42

TP2: 0.38

TP3: 0.35

Invalidation / SL:

Above 0.505