$pippin USDT$ is showing a sharp recovery after a prolonged intraday downtrend, indicating potential momentum shift on the 5m timeframe. Price wicked below the recent support zone near 0.052 and quickly reclaimed it with strong bullish volume, suggesting buyer absorption and possible reversal continuation. The latest impulsive green candle signals strength, and if momentum sustains, we could see a push toward short-term resistance levels.

Volume expansion at the bottom hints at accumulation, while structure is attempting to form higher lows. A clean breakout above the immediate resistance can trigger further upside.

Trade Setup:

Entry: 0.0542 – 0.0546

Target: 0.0555 / 0.0565 / 0.0575

Stop Loss: 0.0529

Manage risk properly and wait for confirmation before entry.

pippin

Alpha

0.052775

-3.65%