$PIPPIN - The uptrend continues, the bulls are too strong 💹🚀
Trade Setup:
Position: Long (buy)
Entry Range: market price $PIPPIN
Stop-Loss (SL): 0.36 → protects you if the price drops
Take-Profit (TP) Targets: 0.5, 0.55, 0.6 → potential levels to secure profits
Analysis Notes:
Trend Strength: The signal indicates bullish momentum on H4 (4-hour) and D1 (daily) charts. That suggests a medium- to long-term uptrend.
Risk Management: From an entry of 0.44 to an SL of 0.36 is a risk of ~18%, which is significant. Make sure your position size aligns with your risk tolerance.
Profit Potential: From 0.44 to TP1 at 0.5 is ~13.6%, to TP2 at 0.55 is ~25%, and to TP3 at 0.6 is ~36%. This shows a favorable risk-to-reward ratio if the trade goes as planned.
Market Volatility: Cryptocurrency prices can swing rapidly, so it’s important to monitor the trade closely.#Pippin