PIPPIN IS ABOUT TO EXPLODE AGAIN??!!

🔍 Chart Structure
Descending Wedge Breakout:

Price has broken out of a long-term descending wedge pattern.

This breakout is typically bullish, especially when accompanied by increased volume or momentum indicators turning up.

Support/Resistance Levels:

Current Price: ~0.0201 USDT

Key Resistance Zones:

0.02200 – Minor resistance

0.02310 – More substantial historical resistance

0.02473 – Intermediate target

0.02847 – Major target from chart box

Support Zones:

0.01815 – Key local support

0.01600 – Lower risk invalidation/support

Trade Box:

Green box = Potential long trade setup.

Looks like a Risk/Reward ratio of about 2.5–3:1 based on entry and stop vs. target.

Entry: ~0.0200
Stop: ~0.0182
Target: ~0.0284

📊 Indicators
RSI (Relative Strength Index):

Current RSI: ~41.75

Still in a neutral zone, suggesting there’s room for upside before becoming overbought.

Mild bullish divergence could be forming if previous lows were lower than the RSI lows.

⚠️ Considerations
Volume Confirmation: Look for increasing buy volume after breakout to confirm strength.

Retest of Wedge Line: If price pulls back, a retest of the breakout line could be a good secondary entry.

Macro Resistance: 0.0284–0.0300 has historically been a supply zone; expect selling pressure there.

✅ Potential Strategy
Long Entry: 0.0200 (Confirmed breakout)

Stop Loss: Below 0.0182

Target(s):

TP1: 0.0220

TP2: 0.0247

TP3: 0.0284