$PIPPIN
/USDT LONG TRADE SETUP
Based on the 15-minute chart, $PIPPIN is currently trading at 0.24578, showing significant volatility with a +55.68% change over the last 24 hours.
The price is consolidating after a sharp move up to the 24h High of 0.34099. It is currently pulling back, finding potential support near the MA(99) at 0.21235, and trading below the MA(7) and MA(25) lines. This long setup is a counter-trend scalp based on the expectation of a bounce from the current consolidation levels.
Target Points
TP1: 0.25600 (Testing the nearest visible resistance and MA(7) line)
TP2: 0.28184 (Mid-range structural resistance)
TP3: 0.31436 (Higher structural level before the 24h High)
Stop Loss
Set stop loss below 0.21000 to limit downside risk, placing it beneath the MA(99) at 0.21235 and the recent major support.
Buy and Trade here on $PIPPIN