$pippin Trade Update – Bearish Reversal Setup
$pippin is showing structural weakness following its recent parabolic surge, with downside momentum beginning to accelerate.
Price faced a strong rejection from the highs, accompanied by heavy distribution. A series of lower highs is now forming, signaling a potential trend shift to the downside.
🔴 Short Setup
Entry Zone: 0.44 – 0.47
Stop Loss: 0.52
Targets:
🎯 TP1: 0.39
🎯 TP2: 0.34
🎯 TP3: 0.28
Momentum favors further downside as the breakdown develops.