$pippin

PIPPINUSDT

Διην.

0.49923

-2.48%

/USDT – Bearish Breakdown, Testing Key Support

$pippin is showing strong bearish momentum with a -17.80% sharp decline, breaking below key moving averages. Price is currently testing support near the $0.509 level after a massive sell-off. The RSI is indicating oversold conditions, but the bearish structure remains intact.

Trade Setup (Short - Bearish Continuation)

Entry Zone: $0.525 – $0.540 (Retest of broken support as new resistance)

🎯 TP1: $0.490

🎯 TP2: $0.470

🎯 TP3: $0.450

Stop Loss: $0.560

The EMA structure (20 below 50) confirms the downtrend. MACD is deeply negative, showing strong bearish momentum. Volume is elevated on the drop, confirming seller conviction. Wait for a pullback to the resistance zone for a high-probability short entry.