PIPPIN Trading Signal—Potential Short Opportunity

📉 Trend Observation: PIPPIN has seen a sharp upward movement on the chart, currently reaching new highs. This could indicate a possible exhaustion of bullish momentum.

🔴 Potential Entry: Watch for signs of resistance around the current price level or a reversal candlestick pattern (like a bearish engulfing or shooting star). If PIPPIN starts to lose momentum, this could be an opportunity to short the asset.

🔑 Confirmation: Look for an increase in selling volume or an overbought signal from momentum indicators like RSI (over 70), or a bearish MACD crossover. These could confirm the potential for a price pullback.

⚠️ Risk Management: Always consider setting a stop-loss just above the recent highs to protect against unexpected breakouts. Stay alert for signs of continuation or reversal.