$PIPPIN ’s fake pump is hitting a wall—momentum has completely shifted to the bears at $0.62, so open your shorts now for a direct drop to $0.30!
💰 Entry: 0.58 — 0.62
🎯 TP1 : 0.52
🎯 TP2 : 0.40
🎯 TP3 : 0.30
🛑 SL : 0.70
I have analyzed the technical structure and $PIPPIN has formed a "Quintuple Top" rejection near the $0.76-$0.77 zone, proving that the bulls are exhausted. I am 100% confirmed on this short because the RSI (14) has dropped from its overbought peak of 76.5, and the MACD is showing a fresh bearish crossover on the 4-hour chart. On-chain data indicates that major "whales" have started moving millions of tokens to exchanges, creating massive sell-side pressure that will easily break the current $0.50 support. Once this floor gives way, the liquidation of late longs will drive the price straight to our $0.30 target.