$PIPPIN is showing a clear bearish trend after a strong rejection from the $0.91 resistance zone. 📉
The market structure is forming lower highs and lower lows, which indicates continued selling pressure. If the momentum continues, price could move toward the $0.12 major support level.
Traders should stay cautious and manage risk properly. A reaction from support is possible, but the overall trend remains bearish for now.
Trade Setup:
Entry: $0.33
TP: $0.12
SL: $0.45
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pippin
Alpha
0.36587
+5.98%