$PIPPIN is DONE with the upside. This is where late buyers get punished.
Why this short makes sense 👇
• Nearly 30× move in < 1 month → move is fully released
• Triple top on 4H (3rd top lower = momentum weakness)
• Price already rolling over from the peak (16th)
• Structure flipped → downward channel confirmed
• This is distribution, not accumulation
🔴 SHORT SETUP — $PIPPIN
PIPPINUSDT
Perp
0.45851
+41.94%
• Entry: Now / minor bounces
• Bias: Trend reversal → downside continuation
• SL: Above recent high (strict)
• Targets: Lower liquidity zones (step by step)