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$PIPPIN is under heavy bearish pressure after a sharp sell-off from the 0.57 zone. Price collapsed aggressively and reached a low near 0.3164, confirming strong seller dominance and panic-driven momentum. Moving averages are sloping downward and the continuous red candles signal that the market structure remains strongly bearish.
Trade Setup (Short)
Entry: 0.3320 – 0.3400
Targets: 0.3150 — 0.3000 — 0.2750
Stop-Loss: 0.3550
Momentum remains weak as sellers control the trend and every small bounce is being sold. If price fails to reclaim the 0.34 resistance zone, continuation toward lower liquidity levels becomes increasingly likely. Manage risk carefully as volatility remains extremely high. 🔥📉
$PIPPIN