Before anything else, you should note that this token is very risky and highly volatile.
A trend break has occurred, a bearish CH was previously formed, and if you check the full PIPPIN data, you’ll see that it is at its previous ATH but showing bearish signals. All of this suggests that PIPPIN may experience deep drops in the near future.
We have two entry zones for sell/short positions, which should be entered using DCA.
The targets are marked on the chart.
A daily candle close above the invalidation level will invalidate this outlook.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PIPPINUSDT
Perp
0.34521
-14.85%