noumaks(@Square-Creator-efb537c0eb99)'s insights

$PIPPIN  Rejection from local maxima near $0.55 with a strong bearish candlestick and momentum shifting to sellers on the 1H. Potential short-term correction in progress.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 the resistance zone $0.5500
Bearish momentum candlestick after forming a lower high
Oversold movement with a pullback structure forming
Place to previous demand near $0.45
Will PIPPIN lose support at $0.50 and continue correction, or will it bounce for another push to $0.55 first?
Sell and trade $PIPPIN  here 👇
PIPPINUSDT
Perp
0.52707
+1.99%

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}$PIPPIN Rejection from local maxima near $0.55 with a strong bearish candlestick and momentum shifting to sellers on the 1H. Potential short-term correction in progress.

$PIPPIN Rejection from local maxima near $0.55 with a strong bearish candlestick and momentum shifting to sellers on the 1H. Potential short-term correction in progress.