$PIPPIN — Rejected at the peaks… and now gravity starts to kick in
Short trade on $PIPPIN
Entry: 0.02538 – 0.02560
Stop Loss (SL): 0.02750
Targets (TP):
• 0.02350
• 0.02169
• 0.01900
The price has moved up to this zone, but it hasn't shown any continuity. Every attempt to rally has been weaker than the last, with a drop of 13% already today.
When the price stalls near strong resistance like this, sellers often step in and a swift drop occurs — especially in low liquidity coins where movements are sharper.
In summary:
Failure to continue + weak momentum = likelihood of a quick drop
And the short trend leans down unless there's a clear breakout above resistance
Trade $PIPPIN from here 👇
$PIPPIN
Short trade on $PIPPIN
Entry: 0.02538 – 0.02560
Stop Loss (SL): 0.02750
Targets (TP):
• 0.02350
• 0.02169
• 0.01900
The price has moved up to this zone, but it hasn't shown any continuity. Every attempt to rally has been weaker than the last, with a drop of 13% already today.
When the price stalls near strong resistance like this, sellers often step in and a swift drop occurs — especially in low liquidity coins where movements are sharper.
In summary:
Failure to continue + weak momentum = likelihood of a quick drop
And the short trend leans down unless there's a clear breakout above resistance
Trade $PIPPIN from here 👇
$PIPPIN