🚨 TRADE ALERT: SHORT $PIPPIN (4H EXHAUSTION SIGNAL)
The chart is starting to lose momentum.
Price just tapped 0.9162 and got rejected.
Now trading around 0.84 with sellers stepping in.
This looks like the first crack in structure.
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🔥 What I’m Seeing
• 4H candle showing rejection at local high
• RSI(6/12/24) around 63 → momentum flattening
• EMA(7) extended far above EMA(25) → short-term overheating
• 7D +66% | 30D +114% → aggressive run-up
After sharp expansions…
Pullbacks are not optional. They’re necessary.
When late longs get comfortable, volatility resets.
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📉 Trade Plan – Short Setup
Entry: 0.84 – 0.87
Stop Loss: 0.94
TP1: 0.75
TP2: 0.68
TP3: 0.60
⚠ After TP1 → Move SL to Entry (capital protection mode)
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🧠 Setup Logic
• Parabolic leg into resistance
• First rejection after strong impulse
• RSI not making new highs with price
• Liquidity resting below 0.80
If 0.80 breaks clean →
Momentum could accelerate to the downside.
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🎯 Important Mindset
Don’t short because price “went up too much.”
Short because structure is weakening.
Momentum is slowing.
Buyers are no longer aggressive.
Risk/Reward favors patience over FOMO.
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Are you fading this move or still long?
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