#PIPPINUSDT – Short idea
$PIPPIN pushed up to around 0.77 and since then it’s been making lower highs. The recent bounce looks weak and price is struggling to reclaim the 0.66–0.68 area.
Right now it feels more like sellers are in control, at least in the short term. I’m not calling a big crash, just looking for continuation of the current downside move.
Short Setup:
Entry: 0.64 – 0.66
Stop: 0.70
Targets: 0.61 , 0.58 , 0.55
If price pushes back above 0.70 and holds, I’m out. No reason to fight strength.
#PEPEBrokeThroughDowntrendLine
pippin
Alpha
0.50344
-24.29%