$PIPPIN looks hot again and the chart still has energy, but it’s moving in a very fast zone now.
Price is around 0.74576 on the 15m chart, after tapping 0.76231 and pulling back. Buyers are still active, but this is a level where fake moves can happen quickly. Clean setup matters more than speed here.
I’m seeing a volatile bullish structure with repeated rebounds.
15m chart read
Strong intraday momentum (+20% area on the day)
High printed near 0.76231
Price holding around 0.742 – 0.746 after rejection
Resistance nearby at 0.7536, then 0.7623
Support zones around 0.7310, then 0.7200
Deeper support near 0.7112
Bullish setup (pullback continuation) EP / Buy Zone: 0.7360 – 0.7450
(only if candles hold and stop closing weak below this zone)
SL: 0.7240
(below local support structure / below the range support area)
TP levels
TP1: 0.7536
TP2: 0.7623
TP3: 0.7750
Breakout setup (confirmation entry) If PIPPIN closes strong above 0.7536 and retests it cleanly, it can open a push toward 0.7623 and possibly 0.7750.
Why this setup is interesting
Price is holding high after a strong day move
Buyers keep stepping in on dips
Structure is still trying to trend higher, not fully breaking down
What can fail
Repeated rejection under 0.7536
Loss of 0.7310 can weaken momentum fast
Break below 0.7240 can drag price toward 0.7200 / 0.7112
Simple risk plan This is a fast chart, so I’d avoid chasing top candles. Better to enter on a hold/retest and keep size controlled.
PIPPIN is still bullish on short-term structure, but the real move comes if buyers defend the pullback or reclaim 0.7536 with strength.
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