🚨 $PIPPIN Short Setup 🚨
Entry: ~0.47$ - 0.48$
Stop Loss: ~0.49$
TP levels:
- 0.44$ (TP1)
- 0.43$ (TP2)
- 0.40$ (TP3)
Current price ~0.47, expecting rejection.
Volume is high, be careful!
DYOR, NFA.
Volatility is very high → in the last 24 hours, it has fluctuated between low $0.37 → high $0.49.
Why Short?
After the last pump, overbought signals (high RSI).
$0.48-0.49 rejection area could be strong resistance.
Funding rate is positive → longs are dominant, there is a risk of a short squeeze but a correction may come.