$pippin has already completed a sharp drop from the 0.43–0.44 region and is now moving sideways after forming a base near 0.28. The bounce from that low lacked strong follow-through, and price is currently stuck below key intraday resistance, showing weak recovery structure.

Price is trading below the 0.35–0.36 resistance zone, where sellers have consistently stepped in. This sideways movement looks more like distribution rather than accumulation. As long as $pippin remains capped below this zone, downside continuation remains the higher-probability scenario.

On the downside, the 0.32–0.31 area is the first support. A clean break below that level could open the door for another leg down toward 0.29, where buyers may attempt to defend again.

$pippin Scalp Trade Plan

🔻 Short Scalp

Entry Zone: 0.35 – 0.36

TP1: 0.32

TP2: 0.29

Stop Loss: 0.38

Leverage: 20x – 40x

Margin: 2% – 5%

Risk Management: Book partial at TP1 and move stop to breakeven

Short #PIPPIN Here 👇👇👇

PIPPINUSDT

Perp

0.32006

-2.34%