Every rebound allows for a short position $PIPPIN

Pippin showed a significant long upper shadow after rising to 0.39660, clearly indicating heavy selling pressure at high levels. Another bearish reason is that the trading volume and open interest are both decreasing, indicating capital withdrawal. At the same time, the price is blocked at 0.312, which is a crucial resistance level, so everyone should remember it.

In summary; the current trend is more inclined towards a high-level pullback

$PIPPIN

PIPPINUSDT

Perp

0.32273

-5.29%