$PIPPIN looks stretched after a sharp jump, sellers start to pressure the rise.
Short (maximum x10):
Entry: 0.53–0.55
Stop: 0.6
Take 1: 0.470
Take 2: 0.435
Take 3: 0.400
Upward movements are not sustained, buyers do not feel confident during rebounds after the spike. The strength of the upward movement is gradually fading, and the decline is occurring more smoothly. The flow of sales "presses" on the momentum, which usually leads to a continuation downwards if sellers remain active.
