⭐ $PIPPIN downside momentum building as structure weakens.
SHORT: PIPPIN
Entry: 0.46 - 0.48
Stop-Loss: 0.49
TP1: 0.42
TP2: 0.38
TP3: 0.30
TP4: 0.20
$PIPPIN is showing clear signs of structural weakness, with lower highs forming and upside attempts failing to sustain momentum. Recent price action suggests distribution pressure, as rebounds are quickly sold into rather than extended.
Momentum appears to be rotating in favor of sellers, increasing the probability of a broader downside leg if support levels begin to give way. Liquidity resting below prior swing lows could act as a magnet, opening the path toward the deeper targets.
As long as price remains capped beneath resistance, the bias favors continuation toward the outlined downside objectives.
Trade $PIPPIN here 👇
PIPPINUSDT
Διην.
0.49838
+0.91%