🔥 $PIPPIN SHORT SETUP — DEAD CAT BOUNCE ALERT 🩸
Price just pumped back to ~0.394 after dumping from 0.56 → 0.15.
This looks like a relief bounce into resistance, not real reversal.
📊 Why Short?
• 🚩 RSI(6) ~77 → Overbought zone
• 🚩 Price near previous breakdown area
• 🚩 Volume spike = exit liquidity
• 🚩 EMA cluster = strong rejection zone
⚔️ Trade Plan (High-Risk / High-Reward)
• Entry: 0.39 – 0.41
• Stop-loss: 0.43+
• TP1: 0.34
• TP2: 0.30
• TP3: 0.25
💀 If BTC sneezes → $PIPPIN bleeds.
📌 Narrative:
This is classic pump → trap → dump behavior.
Late longs are buying hype, smart money is selling strength.
🧠 Samurai Rule:
“Short the greed. Respect the stop.”
⚡ Verdict: SHORT BIASED until break & hold above 0.43
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