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Hxlaw
Hxlaw
$PIPPIN PIPPINUSDT in the 1H frame is giving a pretty good recovery signal after a sharp slug to the 0.0225 area. The price has now regained the entire short-term MA and is approaching the resistance zone near 0.0247–0.0250. Notable points: ● MA5 cuts to MA10 and MA20 → short-term trend turns bullish. ● Volume increased sharply in the nearest green candles → cash flow returned. ● The structure of creating a higher bottom after the washout shows that the buying force is in control. Important areas: ● Near support: 0.0240–0.0242 ● Strong support: 0.0234–0.0235 ● Short resistance: 0.02477 ● If the break is strong 0.0250 can be extended to 0.0255–0.0262. Reference strategy: ● It is possible to watch long when the price stays above 0.0240. ● Entry is good if retest 0.0241–0.0242. ● Stoploss below 0.0234. ● Short TP: 0.0255 → 0.0262. Currently, the trend is leaning towards short-term increase, but the 0.0247–0.0250 area is quite a strong resistance, so it is necessary to monitor the breakout volume. If the volume continues to maintain high, the possibility of a breakout is positive.

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