🚨 MARKET UPDATE | SELL THE BOUNCE SETUP 🚨
$PIPPIN — Recovery Looks Fragile, Bears Still in Control 🐻
Price is attempting small rebounds, but selling pressure hasn’t eased. The structure remains bearish and every upside move looks like a liquidity pullback, not a real reversal.
📉 Short Trade Idea — $PIPPIN
🎯 Sell on Rally Zone: 0.420 – 0.432
🛑 Stop Loss: 0.448
🎯 Targets:
TP1: 0.368
TP2: 0.336
TP3: 0.299
🔍 Technical Outlook
Price is below the key equilibrium zone of the last swing
Market structure stays bearish & weak
Bounces are corrective moves, not trend shifts
No strong demand or structure reclaim visible
As long as $PIPPIN fails to hold above 0.44, downside continuation remains the higher-probability scenario.
🚫 Invalidation Rule A strong candle close & hold above 0.448 invalidates this setup → step aside, don’t be stubborn.
📌 Trade smart. Risk first. Follow structure.
