Bearish outlook – $pippin ⚠️

PIPPIN is currently showing clear bearish structure. The recent move up looks more like a dead-cat bounce than a real trend reversal. Volume is fading fast, momentum indicators are rolling over, and buyers are unable to break or hold above key resistance levels.

There is visible distribution from early wallets, with every pump being sold into. This usually signals loss of confidence and increases the probability of a deeper retrace toward lower liquidity zones.

Unless PIPPIN reclaims resistance with strong volume and confirmation, the downside risk remains dominant.

Trend: Bearish

Volume: Declining

Momentum: Weak

Risk: High

Strategy: Avoid FOMO, sell the bounce, wait for confirmation

DYOR 📉