⚠️ $PIPPIN – BEARISH BREAKDOWN IN PROGRESS! ⚠️
Pippin is under heavy selling pressure, currently trading at $0.62853, down -12.01%. Price has broken below key moving averages — bears are in full control!
📉 Technical Overview:
· MA(7): $0.67587 — now acting as resistance
· MA(25): $0.70083
· MA(99): $0.65042 — also broken below!
· MACD: DIF: -0.01301, DEA: -0.00285 — bearish crossover confirmed
· Order Book: 59.96% Ask side — selling pressure dominant
📊 Market Levels:
· Immediate Resistance: $0.642 – $0.650
· Next Support: $0.610 – $0.600
📉 Short Setup:
· Entry Zone: $0.630 – $0.640
· Targets:
🎯 $0.615
🎯 $0.600
🎯 $0.580 (extension)
· Stop Loss: Above $0.655
🔻 Price broke structure with high volume — look for continuation toward $0.610 and below.
Short with trend, manage risk! 💯
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