$PIPPIN 2h Price Chart Analysis |
- I expect a possible liquidity sweep just below the most recent swing low at 0.02412, followed by a potential reversal if buyers step in. If that happens with confirmation, a bounce towards 0.02565 and 0.02719 is likely.
- For a safe trade, I would wait for price to dip below 0.02412, show a strong bullish reversal pattern, and then consider a long position targeting 0.02565 and 0.02719, with stops under the newly formed swing low.
- If price pushes up without a sweep and breaks above 0.02719 with strength, a momentum play towards 0.03067 and possibly 0.032 is possible, but only with a bullish structure and volume confirmation.
- If price breaks and closes below 0.02341, my bias flips bearish, and I expect a move towards 0.01947.
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