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Market Overview: $WARD is showing strong bullish momentum. Price has moved up sharply and is now consolidating near the 0.1400 resistance, a structure that often signals continuation if buyers remain active.
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๐ฐ Current Price: $0.1384 (+10.9%)
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๐ Market Structure: The overall structure remains bullish as long as price holds above the recent support zone.
Market Update: After a brief upward move, $pippin failed to hold higher levels and is now showing clear rejection, shifting short-term momentum to the downside.
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๐ฐ Current Price: $0.28 The price attempted to push higher but faced strong selling pressure. If this weakness continues, a deeper pullback could follow.
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๐ Key Levels to Watch ๐ด Resistance: $0.30 ๐ข Support Zone: $0.27 โ $0.26
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๐ Market Structure: Short-term structure looks weak unless buyers step in and reclaim key levels.
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๐ฌ Community Question Do you think $pippin is just experiencing a healthy pullback, or is this the start of a bigger downside move?
๐ Why This Setup โ Strong rejection from demand support โ Momentum shifting back in favor of buyers โ Favorable riskโreward structure โ Potential trend recovery if price holds above entry zone
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โ ๏ธ Risk Management โข Book partial profits at TP1 โข Trail stop loss after TP2 to protect gains
๐ Why This Setup โ Rejection from a well-defined intraday resistance zone โ Momentum weakening after the rejection โ Riskโreward remains favorable toward downside targets โ Structure favors a short-term corrective move
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โ ๏ธ Risk Management โข Secure partial profits at TP1 โข Trail stop loss after TP2 to lock in gains
๐ Why This Setup Works โ Strong bounce from the $0.00650 demand zone โ Higher-low structure forming after the correction โ Previous resistance near $0.00700 now acting as support โ Tight consolidation indicates buyers are rebuilding momentum
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๐ง Market Debate Do you expect $BOB to reclaim $0.00750 quickly, or will price range around $0.00700 before continuation?
๐ Why This Setup โ Strong impulse move followed by a healthy retracement โ Higher low formation on the 1H timeframe โ Increasing volume on bounce candles = buyer confirmation โ Structure supports momentum continuation
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โ ๏ธ Risk Management โข Book partial profits at TP1 โข After TP2, trail stop loss to break-even / entry