$PIPPIN /USDT (4H) is showing clear signs of distribution after a parabolic rally. Price pushed aggressively into the 0.50–0.52 resistance zone and is now printing lower highs with rejection wicks classic exhaustion behavior after a vertical move.

The highlighted range you marked aligns with a potential mean reversion / liquidity unwind zone, especially if 0.47 support gives way. Order flow also shows heavier sell-side pressure, which supports a corrective move scenario.

As long as price stays below the 0.505–0.515 supply band, downside continuation remains the higher-probability setup.

Trade Setup

Entry: 0.485 – 0.495

Target 1: 0.444

Target 2: 0.388

Target 3: 0.348

Extended: 0.332

Stop Loss: 0.515

PIPPIN
PIPPINUSDT
0.57891
+14.55%