$PIPPIN
PIPPINUSDT – 4H Chart | Prioritize SHORT (rebound)
Recommended trade
• Entry (Short): 0.305 – 0.315
• TP1: 0.285
• TP2: 0.265
• TP3: 0.252
• SL: 0.332
Quick analysis
• EMA50 – EMA100: Price is below EMA50, EMA50 is curving down and is at risk of crossing below EMA100 → short-term downtrend still dominates.
• RSI: RSI(6–12) around 29–35, weak rebound, not yet showing clear bullish divergence → buying pressure is not enough to reverse the trend.
• MACD: MACD negative, histogram still widening below → downward momentum has not ended.
• Volume: Down candle with strong volume increase during the drop from 0.50 → clear distribution, current rebound lacks confirming volume.
Scenario
• Wait for a rebound to the 0.31–0.32 range to short according to the trend.
• Only consider going long when closing a 4H candle above 0.335 with increased volume (breaking the down structure).
