📉 PIPPIN/USDT – SELL SETUP (Weekly + Daily Confluence Based)
(Educational Purpose Only – Not Financial Advice)
🟣 Higher Timeframe Confirmation
$PIPPIN
Weekly: Price is trading exactly at the weekly high resistance.
Last day candle: Closed below the weekly high – bearish sign.
4H timeframe: Clear multiple rejections occurred, buyers are looking weak.
This means the market is in an overextended zone where chances of correction are strong.
Now only one thing is left – intraday (30M) entry confirmation.
📍 SELL SETUP (30 Min Confirmation Based)
🔻 SELL Condition
If today's day candle forms a rejection at the weekly resistance
AND
30M candle closes below the last day candle high
➡️ Then SELL will be active.
If the 30M candle closes above this → Avoid the trade.
🔻 SELL Entry
Entry Zone:
0.3150 – 0.3220
(Area-based entry – do not fixate on exact price)
When the 30M structure breaks + rejection occurs, then the entry will be perfect.
🛑 Stop Loss (SL)
SL above the last day candle high
→ approx 0.3400 – 0.3410
This is the invalidation level. If a close occurs above this, the trend may continue bullish, so it is best to cut the trade.
🎯 Target Levels (TP)
TP1: Last day low → 0.2910
TP2: Weekly low → 0.2850
TP3 (Extended): Upon breakdown, 0.1740 zone
(This is the major weekly support)
🧠 Trade Logic (Simple Explanation)
Weekly high = big resistance
The price has been rejecting this zone for days → buyers are weak
Daily rejection + 30M rejection = trend reversal signal
Target last day low / weekly low is logically perfect
So higher timeframe resistance + intraday rejection = high-probability sell setup.
📌 Final Rule
If the 30M candle closes below the last day high → SELL
If it closes above → Avoid.