🎯 $PIPPIN rally appears overextended as sellers begin absorbing upside momentum.

SHORT: PIPPIN

Entry: 0.53 – 0.55

Stop-Loss: 0.6

TP1: 0.470

TP2: 0.435

TP3: 0.400

- Price is showing signs of exhaustion after the sharp spike, with upside attempts failing to sustain strength. Buyers seem less confident defending pullbacks, while each push higher is being met with increasing sell pressure.

- Momentum is gradually shifting as supply leans into the move, and downside reactions are starting to unfold more cleanly. If this distribution phase continues, continuation lower toward the projected targets becomes the more probable scenario.

Trade $PIPPIN here 👇

PIPPINUSDT

Perp

0.52021

+3.55%