$PIPPIN /USDT Short: Discipline Over Hype! 📉
In a market full of noise, staying calm and following the trend is the only way to survive. I’ve just opened a strategic short position on $PIPPIN with a focus on high-margin safety and calculated entry.
🔍 Trade Breakdown:
Entry Price: 0.5966 USDT
Mark Price: 0.5957 USDT
Leverage: 5x (Cross) — Low risk, high control.
Status: Currently in the Green (+0.75% ROE) 🟢
💡 Why this Short?
PIPPIN has shown signs of exhaustion after testing its recent resistance levels. By entering at 0.5966, I’m playing the rejection from the overhead supply zone. Notice my Liquidation Price (14.61)—it is extremely far from the current price, giving this trade massive "breathing room" against sudden spikes.
🔮 Market Prediction & Outlook:
Bearish Case: If PIPPIN fails to reclaim the 0.60 level on the hourly candle, we could see a slide toward the 0.55 and 0.52 support zones.
Bullish Case: A breakout above 0.62 would invalidate this bearish thesis, but for now, the momentum favors the sellers.
🛡️ Strategy Tip: Always prioritize Capital Preservation. I am trailing my Stop Loss to ensure this trade stays risk-free as it moves further into profit.
What do you think? Is $PIPPIN ready for a deeper correction, or is a bounce coming? Let’s discuss below! 👇
#PIPPIN #CryptoTrading #BinanceSquare #TradingStrategy #Altcoins Disclaimer:"Not financial advice. Trade at your own risk."