PIPPIN downside pressure building as structure weakens.
SHORT: PIPPIN
Entry: 0.606 - 0.6
Stop-Loss: 0.65
TP1: 0.56
TP2: 0.51
TP3: 0.46
TP4: 0.40
TP5: 0.30
TP6: 0.20
PIPPIN is showing signs of structural weakness, with upside attempts failing to gain traction and momentum beginning to rotate in favor of sellers. Recent price action suggests supply is outweighing demand, increasing the probability of further downside expansion.
Lower highs and fading rebounds indicate distribution dynamics rather than accumulation. If sellers maintain control and liquidity continues to build below, downside targets may be approached progressively as momentum accelerates.
As long as price remains capped beneath the recent swing high, the structure favors continuation toward the outlined downside levels.
Trade $PIPPIN here 👇
PIPPINUSDT
Διην.
0.49589
+0.23%