🔥 $PIPPIN SHORT SETUP — DEAD CAT BOUNCE ALERT 🩸

Price just pumped back to ~0.394 after dumping from 0.56 → 0.15.

This looks like a relief bounce into resistance, not real reversal.

📊 Why Short?

• 🚩 RSI(6) ~77 → Overbought zone

• 🚩 Price near previous breakdown area

• 🚩 Volume spike = exit liquidity

• 🚩 EMA cluster = strong rejection zone

⚔️ Trade Plan (High-Risk / High-Reward)

• Entry: 0.39 – 0.41

• Stop-loss: 0.43+

• TP1: 0.34

• TP2: 0.30

• TP3: 0.25

💀 If BTC sneezes → $PIPPIN bleeds.

📌 Narrative:

This is classic pump → trap → dump behavior.

Late longs are buying hype, smart money is selling strength.

🧠 Samurai Rule:

“Short the greed. Respect the stop.”

⚡ Verdict: SHORT BIASED until break & hold above 0.43

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