$PIPPIN – Early Reversal Setup Forming 📈
Despite recent sentiment calling $PIPPIN “dead,” the 4H chart is beginning to show signs of a potential long opportunity, with an estimated ~68% setup confidence based on current structure and momentum.
$PIPPIN / USDT – LONG
Trade Plan:
Entry: $0.025549 – $0.025718
Stop Loss: $0.024847
TP1: $0.02626
TP2: $0.026615
TP3: $0.027207
Why this setup is interesting:
• 15m RSI around 62 indicates building momentum without being overextended
• 1H ATR near 0.000328 keeps risk controlled, with stop placed ~3% below entry
• Potential upside to TP3 offers roughly ~6% gain even within a bearish higher-timeframe context
This is essentially a counter-trend idea — fading the broader weakness while attempting to catch a lower-timeframe reversal if it holds.
The key question now is simple:
Are you still aligned with the daily downtrend, or willing to trade the 4H momentum push toward TP2–TP3?
