$PIPPIN showing signs of rejection near recent highs after strong run
Short $PIPPIN
Entry: 0.865 – 0.895 SL: 0.950
TP1: 0.855 TP2: 0.835 TP3: 0.815 TP4: 0.790
Why: Price pushed into resistance and is starting to stall with smaller candles forming near the top. RSI is elevated which suggests momentum could slow, and after an impulsive rally markets often pull back to retest moving averages. If buyers fail to reclaim highs quickly, a corrective move lower becomes likely.
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$PIPPIN showing signs of rejection near recent highs after strong run
Short $PIPPIN
Entry: 0.865 – 0.895
SL: 0.950
TP1: 0.855
TP2: 0.835
TP3: 0.815
TP4: 0.790
Why:
Price pushed into resistance and is starting to stall with smaller candles forming near the top. RSI is elevated which suggests momentum could slow, and after an impulsive rally markets often pull back to retest moving averages. If buyers fail to reclaim highs quickly, a corrective move lower becomes likely.
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{future}(PIPPINUSDT)