🚨 $PIPPIN Strategy: Fading the Fake Bounce
Retail is getting trapped by the relief rallies, but the Smart Money is exit-loading. Talha Sniper doesn't chase green candles in a bearish trend. We wait for the rejection at the supply zone to snipe the next leg down.
Entry Zone: 0.023678 – 0.023968
TP1: 0.023501 (Immediate Support)
TP2: 0.023286 (Structural Demand)
TP3: 0.023064 (The Flush Target)
Stop Loss: 0.024353 (Above Recent Swing High)
Trade Logic:
The 4H timeframe is firmly bearish, and lower timeframes show no bullish divergence to challenge the trend. Whale confidence is diminishing, and trading volume is decreasing, signaling a lack of genuine buying power. We are entering at the 0.02392 pivot, targeting the breakdown to 0.0230. Move SL to break even once TP1 is secured.
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