🚨 Spike → rejection → distribution showing up near highs.

🔥 SHORT SETUP — $PIPPIN

Entry: 0.258 – 0.268 🟥
SL: 0.285 🛑

Targets:

🎯 0.245
🎯 0.228
🎯 0.210 🔥

Why this setup?

• Sharp spike followed by clear rejection — upside momentum is fading fast 📉

• Price struggling to hold highs as sellers absorb late longs

• Distribution behavior near the top after an impulsive move

• Clean short levels with defined risk and attractive downside R:R

Debate:

Is this just a brief pause before another push,
or the start of a deeper unwind as liquidity exits?

Click here to Trade 👇️📉

#PIPPIN #cryptotrading #ShortSetup