Stop buying the top…$PIPPIN distribution already started...
Entry Range: 0.0530 - 0.0540
Stop Loss: 0.0565
Targets:
TP1: 0.0515
TP2: 0.0500
TP3: 0.0480
Price shows a clear rejection from the 0.059 zone followed by a series of lower highs and strong bearish momentum.
The structure has shifted into a downtrend with sellers in control, and the recent breakdown below support confirms continuation potential.
A pullback into the entry zone offers a high-probability short setup.
Outlook: Bearish continuation expected unless price reclaims 0.0565 resistance.