📉 $PIPPIN USDT (Perp) – Bearish Momentum | Short Trade Setup

The chart shows strong bearish continuation after a failed upside move. Price is currently under pressure and sellers are in control.

🔍 Technical Analysis

Price rejected from the 0.77 resistance zone

Strong sell-off candles showing panic selling

Price is trading below EMA 10 & EMA 50

RSI ~34 → bearish momentum, not yet oversold

MACD bearish crossover with expanding red histogram

Overall structure suggests trend shift to downside

🔴 Short Trade Plan (Confirmation-Based)

Short Entry:

0.53 – 0.55 zone

(On pullback or weak retest)

Stop Loss:

0.60

(Above EMA 50 / structure invalidation)

Targets:

TP1: 0.48

TP2: 0.42

TP3: 0.36

🎯 Risk–Reward: Minimum 1:2 (Better if TP2 or TP3 hits)

⚠️ Trade Invalidation

A strong 4H / Daily close above 0.60 will invalidate this short setup

Avoid chasing price; wait for pullback or confirmation

$PIPPIN

pippin

Alpha

0.52858

+4.89%

trade now .....................