$PIPPIN /USDT BEARISH TECHNICAL ANALYSIS
PIPPIN/USDT is showing a clear weakness after failing to sustain its earlier spike. The strong rejection from the upper zone and the shift in momentum indicate sellers are stepping back in. Price has slipped into a downward continuation pattern, making room for a deeper retracement if it stays below the resistance area.
Short Entry: 0.06703
TP: 0.03489
SL: 0.08603
Reason:
After an aggressive pump, PIPPIN has lost strength and is now forming a lower-high structure. The rejection wick near resistance confirms seller dominance. If the market continues respecting this zone, the pair may slide toward the lower liquidity pocket where the target lies.
Risk Management:
Use tight SL, avoid over-leveraging, and stick to your trade size limit to protect capital.
#CryptoSignal #PIPPIN #TechnicalAnalysis #MarketUpdate #TradingStrategy
