🚨 **Pippin (PIPPIN/USDT) Update!** 🚨
A previous Take Profit (TP) target for Pippin was reached swiftly! Now, we are identifying a new potential short Entry opportunity on the 1-Day chart.
Consider a short Entry if Pippin breaks below 0.273 USDT with confirmed bearish momentum. This could be signaled by a 15-minute candle closing below this level.
Alternatively, if Pippin bounces towards the 0.315 - 0.325 USDT range, near the middle Bollinger Band or MA5 resistance, this could also present a valid short Entry point.
For Stop Loss (SL), place it 3-5% above your Entry. For example, if entering near 0.273 USDT, a suitable SL would be around 0.285 - 0.287 USDT.
Our target for this Pippin short trade is the 0.246 - 0.256 USDT support area. This represents an 8-12% move from current prices.
What are your thoughts? Are you shorting Pippin or expecting a bottom soon? 📉
#Pippin #PIPPINUSDT
