PRESSURE NOT REDUCED — $PIPPIN WEAK RECOVERY, PRIORITY TO SELL ON RALLY

Short trading plan $PIPPIN

Entry: 0.420–0.432

SL: 0.448

TP1: 0.368

TP2: 0.336

TP3: 0.299

Analysis

$PIPPIN is still below the equilibrium zone of the most recent swing, overall bearish structure and the price is moving near the bottom of the range, indicating very weak recovery ⚡ The upward movements are mainly pullbacks to sell, with no signs of reclaiming the structure or reliable reversal.

As long as the price cannot hold above the 0.44 zone, the preferred scenario remains to continue declining towards lower demand areas.

Invalidate: Closing a candle above 0.448 and holding → the Short scenario is invalidated, avoid stubbornness 🚨

PIPPINUSDT

Perp

0.47084

+32.87%