$PIPPIN – Rally pushing higher but starting to stall near resistance 📉
Trading Plan Short $PIPPIN (max 10x)
Entry: 0.058 – 0.064
SL: 0.070
TP: 0.052
TP: 0.045
TP: 0.038
The recent rally has been strong, but momentum is beginning to fade as price approaches a key resistance zone. Buyers managed to push higher, though the follow-through is weakening and price action is becoming more choppy.
Instead of a clean breakout, price is grinding upward into resistance, which often signals buyer exhaustion while sellers start stepping back in. When upside momentum slows like this, it frequently leads to a short-term pullback before the next move.
If rejection confirms here, #pippin could rotate back toward the support levels listed above.
Do you think #pippin rejects here or breaks resistance for another leg up? ⬆️⬇️
💬 Drop your bias in the comments!
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