๐ $PIPPIN โ Fade Setup (Range Weakness)
While many are expecting a bounce, $PIPPIN is showing signs of a potential fade from a key resistance zone, making this a high R/R short if sellers step in.
๐ป Trade Plan โ SHORT
Entry: 0.09804 โ 0.10162
Stop Loss: 0.11057
๐ฏ Targets:
TP1: 0.08909
TP2: 0.08551
TP3: 0.07835
๐ก Why This Setup:
Price reacting at key 4H resistance zone
RSI neutral (~44) โ room for downside expansion
Extremely low volume โ weak bullish conviction
โ ๏ธ What to Watch:
Weak bounces into entry zone = ideal short entries
Need confirmation โ sellers must show follow-through
๐จ Invalidation: Break and hold above 0.11057 flips the setup bullish.
๐ค Debate Insight:
Fake bounce: traps early longs โ continuation down
Real strength: breakout above resistance โ short squeeze
๐ฅ In range markets, fades at resistance often offer the best edge.
๐ Trade Below Click Here$PIPPIN
