*$PIPPIN – SHORT OPPORTUNITY!* 🚀
Over the past ≈ 20 days the coin has exploded, up about 30×. After hitting a peak yesterday, it tumbled hard, then bounced sharply this morning from ≈ 0.25 to almost 0.42. That rebound has now fizzled, and the hourly chart is sliding lower.
*Why short now?*
- *Overbought signals:* The 14‑day RSI sits at 80.67 — well into “sell” territory ¹.
- *Bearish divergence:* Price is making higher highs while RSI is forming lower highs, a classic short‑setup cue ².
- *Current price:* Trading around $0.43 USD, down ~11% in the last 24 h ³.
*Suggested entry:* 0.34 – 0.49 USD (hourly support zone).
*Stop‑loss:* just above the recent high (~0.50).
*Targets:* aim for 0.30, 0.25, then 0.20 USD.
If the hourly trend keeps breaking lower, the short could ride the momentum down. Always set a stop‑loss and manage risk – leverage wisely!
_Disclaimer: Not financial advice._ #PIPPIN #Short
#Crypto 🚀
