$PIPPIN / USDT Perp – SHORT SETUP ⚠
$PIPPIN is overheated after a +35% expansion and now showing distribution signs on lower timeframes. Price is forming lower highs into resistance while momentum fades — classic post-pump exhaustion behavior.
SHORT 0.415 – 0.430
TP1 0.340
TP2 0.290
TP3 0.210
🛑 Stop Loss 0.475
Bias remains bearish while price trades below 0.475 resistance. Acceptance back below 0.430 opens the path toward 0.340 liquidity.
Break and hold above 0.475 invalidates the setup and signals continuation squeeze.
