$PIPPIN USDT Short setup

PIPPINUSDT

Perp

0.71793

+22.77%

Entry (short): 0.52 – 0.53

Stop loss: ~0.55 (≈ +5% above entry)

Targets:

TP1: 0.48

TP2: 0.44

TP3: 0.40

Light read (price + volume):

Recent daily candles show a sharp push up into prior resistance zone, with expansion move after a base. When price returns to the mid–upper range of a prior distribution like this, rejection risk increases. Volume expanded on the pump but not yet followed by clean continuation structure → probability of pullback is reasonable.

Bias: short-term pullback more likely than immediate breakout, unless it holds firmly above 0.55 with continued high volume.

Tracking plan, not a signal.