$PIPPIN is holding strong after the impulsive move from 0.26452 and price is now consolidating just below the 0.50400 high. Buyers have maintained control on every pullback which shows strength remains intact despite the recent expansion.
The 1h structure continues to print higher lows and shallow retracements which confirms momentum is still leaning toward buyers rather than distribution.
If this structure holds continuation becomes likely with a controlled push higher.
Here’s my full setup from this chart.
Entry Point
0.4950 – 0.4680
Target Point
TP1: 0.5150
TP2: 0.5450
TP3: 0.5850
Stop Loss
0.4380
It’s possible because dips near 0.4680 are getting absorbed quickly and sellers are unable to force a deeper pullback. If $PIPPIN stays above the support zone the move toward 0.5150 becomes the natural next step before momentum attempts higher continuation again.
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pippin
Alpha
0.47535
+10.64%