$PIPPIN is under strong bearish pressure after a sharp rejection from the $0.20+ zone, forming consistent lower highs with little sign of buyer strength. Price is now hovering near recent lows, suggesting sellers remain firmly in control.
The downside is mainly driven by heavy distribution, weak market structure, and multiple failed bounce attempts. Momentum continues to favor bears unless price can reclaim higher resistance levels.
A break below $0.130 support could trigger further downside toward $0.115 – $0.100. Meanwhile, any rejection around the $0.140 – $0.150 resistance zone would strengthen the short bias.
Key Levels Support: $0.130
Major Support: $0.115
Resistance: $0.140 – $0.150
Suggested Leverage: 5x – 10x
Trade Setup – Short $PIPPIN
Entry: $0.135 – $0.145
TP1: $0.120
TP2: $0.110
TP3: $0.095
SL: $0.155
Bearish continuation remains valid as long as price stays below the $0.145 resistance zone.
Trade $PIPPIN accordingly and manage risk. 📉⚡
#BinanceSquareFamily #Follow_Like_Comment
