$PIPPIN — Weak Reclaim, Bearish Continuation Setup
PIPPIN is clearly struggling below resistance, with repeated rejection around the 0.105 zone — a strong sign that sellers are still in control.
📊 Trade Plan — SHORT $PIPPIN
🟥 Entry Zone: 0.100 – 0.102
🛑 Stop Loss: 0.106
🎯 Targets:
• TP1: 0.095
• TP2: 0.090
• TP3: 0.085
🔍 Why This Setup Looks Bearish
• Failed reclaim of 0.105 → resistance confirmed
• Lower highs forming → weak structure
• No strong bounce → buyers inactive
• Selling pressure intact → continuation likely
⚡ Key Levels to Watch
🔴 Resistance / Invalidation:
• 0.102 – 0.106
🟢 Support Targets:
• 0.095 → 0.090 → 0.085
🧠 Market Insight
This is a classic rejection → continuation setup:
➡️ Resistance rejection
➡️ Weak recovery
➡️ Sellers defend zone
➡️ Move lower
⚠️ Risk Scenario
• Strong breakout above 0.106
→ Bearish setup invalid
→ Possible reversal / squeeze
🔥 Pro Tip:
✔️ Best shorts come after failed reclaim
✔️ Enter near resistance for tight risk
✔️ Take partial profits early
🤔 Real Question:
Will $PIPPIN break toward 0.085…
or reclaim 0.106 and flip bullish?
Right now — structure favors the downside. Stay sharp.
Don't Miss $SIREN
#BinanceKOLIntroductionProgram #FTXCreditorPayouts #MarchFedMeeting #PİPPİN