$PIPPIN Long SetupโBullish Reversal Loading? ๐๐
Trade Parameters: ๐ Entry Zone: 0.23500 โ 0.24500 ๐ Stop Loss: 0.19500 ๐ฏ Take Profit Targets: 0.28500 โ 0.33000 โ 0.38000
Technical Thesisย ๐ก
Spotting $PIPPIN printing a strong bullish candle right off the purple MA99โthis is textbook value zone defense by the bulls ๐ก๏ธโจ Buyers have stepped up here and established a solid floor, rejecting lower prices with conviction ๐ช
The price action is finally shaking off the bearish blues and pushing toward the overhead MA25. This relief rally feels like it has serious room to run before hitting any major resistance walls ๐โโ๏ธ๐จ
Why This Setup Worksย ๐ฏ
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MA99 Bounce: Classic dynamic support holding strong
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Trend Reversal: Breaking the previous bearish streak ๐จ๐โก๏ธ๐
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Upside Targets: Multiple TP levels for risk management
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Risk/Reward: Attractive R:R with tight SL below support
Execution Planย ๐
Watch for continuation above entry zone, scale out at each target, and trail stops if momentum accelerates toward 0.38 ๐
Trade safe. Manage risk. Let winners run. โ ๏ธ๐ฐ
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