🚀 TRADING SIGNAL: $PIPPIN /USDT (Long)
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Analysis:
PIPPIN is currently cooling off after its recent rally. It is approaching the Lower Bollinger Band on the 1h chart, which has historically acted as a strong bounce area. With the RSI (implied) cooling down, we are looking for a reversal toward the 0.62+ resistance zone.
Trade Details:
🔹 Direction: LONG 🟢
🔹 Entry Zone: 0.565 - 0.598
🔹 Leverage: 2x - 5x
Take Profit Targets:
🎯 TP 1: 0.6225
🎯 TP 2: 0.6550
🎯 TP 3: 0.7000
Risk Control:
🛑 Stop Loss: 0.5250
⚠️ Warning: Always manage your risk. PIPPIN is a high-volatility asset!
Pro Tip: If the price breaks and holds below 0.5600, the bearish trend might continue. Only enter when you see green candles forming near the support.
Disclaimer: Cryptocurrency trading involves high risk. This is for educational purposes only and not financial advice.
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