📉 $PIPPIN /USDT hitting resistance after vertical pump. Price pressing 0.47 zone with slowing momentum. Possible pullback before next major move.
Setup – Short Bias 📊
Entry: 0.450 – 0.460
TP1: 0.420
TP2: 0.395
TP3: 0.372
SL: 0.505
Reasoning:
$PIPPIN Price just made an aggressive move from 0.36 to 0.47 without deep retracement. 0.47–0.50 is a strong psychological and supply zone. After parabolic runs, pullbacks are common to rebalance liquidity. If price fails to break and close above 0.47 with volume, downside toward 0.42 and possibly 0.39 becomes likely. Invalidation above 0.50 where breakout continuation can trigger squeeze.
Trade $PIPPIN here 👇
PIPPINUSDT
Perp
0.48846
+3.42%