$PIPPIN / USDT – SHORT SETUP

Entry: 0.74 – 0.76

SL: 0.82

TPs: 0.73 / 0.71 / 0.69 / 0.66

Price has surged almost vertically from the 0.50 region to 0.75 without any meaningful pullback. This kind of parabolic move usually signals exhaustion rather than strength.

RSI is extremely overbought, indicating stretched momentum

Multiple strong green candles suggest late buyers are chasing

Early buyers are likely locking in profits at higher levels

Such conditions often lead to a sharp corrective move toward prior breakout zones and key moving averages

When momentum becomes this overheated, risk shifts heavily against longs.

Trade #PIPPINUSDT here 👇

PIPPIN
PIPPINUSDT
0.73513
+1.61%