**Binance Square Alert: $PIPPIN**
šØ Be cautious, as $PIPPIN has experienced a strong price drop.
**Momentum Warning**
The downward trend is slowing down near the supply zone. This could indicate that buyers are stepping in.
**Entry Strategy**
Consider shorting $PIPPIN at levels between 0.398 and 0.410. A quick entry point can be around 0.402.
**Risk Management**
To minimize losses, set your stop loss at 0.430. If the price breaks above this level, it invalidates our short position.
**Profit Targets**
Set multiple take profit levels to maximize gains:
1. TP1: $0.370 - $0.365
2. TP2: $0.335 - $0.330
3. (Optional) If momentum accelerates, consider TP3 at $0.300 - $0.295.
**Trading Leverage**
Use caution with leverage, as high levels can amplify losses. Opt for 5x to 10x max leverage.
