$PIPPIN rejection from upper zone signals weakening momentum and downside continuation potential.
Trading Plan SHORT: PIPPIN
Entry: 0.72 – 0.73
Stop-Loss: 0.8
TP1: 0.67
TP2: 0.6
TP3: 0.53
$PIPPIN is showing signs of rejection after testing higher levels, with upside momentum fading and follow-through strength remaining limited. Price structure suggests rallies are being absorbed, keeping the downside rotation scenario favored while price holds below the invalidation level.
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