$PIPPIN facing rejection near resistance — downside continuation setup forming.
🔻 SHORT $PIPPIN
Entry Zone: 0.63 – 0.64
Stop Loss: 0.70
Target 1: 0.58
Target 2: 0.53
Target 3: 0.48
$PIPPIN is showing weakness after failing to sustain strength above the 0.64 region, indicating supply pressure near local resistance. The structure suggests a potential lower-high formation, with momentum tilting back in favor of sellers.
As long as price remains below 0.70, the bearish bias remains intact. A clean rejection inside the entry zone increases the probability of a move toward 0.58 liquidity first, followed by deeper downside into 0.53 and potentially 0.48 if selling accelerates.
A strong reclaim above 0.70 would invalidate the short thesis.
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PIPPINUSDT
Безсрочно
0.0253
-1.48%