$PIPPIN is literally following the script.
Clean 1–5 impulsive structure.
Healthy pullback into the 0.5–0.618 fib pocket.
Strong reaction. No structural damage.
This is what continuation looks like — not weakness.
We tapped the upper trendline near 0.73, cooled off, and now we’re compressing above key moving averages while momentum resets. That’s bullish behavior. Strong trends don’t crash… they consolidate and expand.
As long as the 0.36–0.30 region holds, the higher timeframe structure remains intact.
Higher highs. Higher lows.
Wave 4 shakeout → Wave 5 expansion.
Now we watch for the next le