$pippin USDT$ is showing a clear bearish structure on the 5-minute timeframe, with consistent lower highs and lower lows indicating sustained selling pressure. The recent sharp dump confirms momentum is still favoring sellers, and any weak bounce could present a continuation opportunity. Volume spikes on the downside further validate bearish intent, suggesting traders are actively exiting or shorting at current levels. As long as price remains below the recent resistance zone, the trend bias stays firmly bearish.

Details:

Support is being tested near 0.0825 while resistance sits around 0.0865–0.0880.

A minor relief bounce is possible, but trend continuation remains likely.

Trade Setup:

Entry: 0.0855 – 0.0865 (Short on pullback)

Stop Loss: 0.0885

Targets: 0.0835 / 0.0820 / 0.0805

pippin

Alpha

0.080223

+9.79%