⚡ $PIPPIN — 🩸 Short Setup ⚡ Potential Downside Ahead

Entry: 0.73 – 0.75

Targets: 0.55 (extended target: 0.42)

Stop Loss: 0.89

Overview ⚡

$PIPPIN is maintaining a bearish structure on lower timeframes after failing to break and hold above the 0.81 resistance area. The rejection at that level suggests the recent upward move lacked strength and may have been corrective rather than a true trend reversal.

Price continues to trade below the key lower-high zone, keeping downside pressure intact. With the recent “AI Agent” hype appearing to fade, momentum indicators like the Money Flow Index are showing bearish divergence — a sign that buying pressure is weakening.

Unless price reclaims and sustains above 0.75, downside liquidity around 0.42 remains a realistic objective.

Risk parameters are defined. Trend structure favors sellers. Discipline and patience matter.