Short $PIPPIN 📉
Entry: 0.360–0.37
SL: 0.400
TP: 0.32 / 0.31 / 0.30
The price for PIPPINUSDT recently experienced a sharp spike with high volume, moving into the prior supply zone (0.37–0.40). 📈
The current market structure shows a pump followed by a clear rejection and weak follow-through. This short idea aims to fade that recent spike.
This setup becomes invalid if the price accepts and holds above 0.40. Manage your risk effectively.
*Not financial advice.*