$PIPPIN Rejection from local highs near $0.55 with strong bearish candle and momentum shifting to sellers on 1H. Potential short term correction underway.

Entry

$0.5050 to $0.5150

Stop Loss

$0.5450

Take Profit

TP1 $0.4800

TP2 $0.4550

TP3 $0.4200

Why this setup

Clear rejection from $0.5500 resistance zone

Bearish momentum candle after lower high formation

Overextended move with pullback structure forming

Room toward previous demand near $0.45

Will PIPPIN lose $0.50 support and extend the correction or bounce for another push toward $0.55 first?

Sell and Trade $PIPPIN

PIPPINUSDT

Perp

0.48663

+4.92%