PIPPINUSDT (4H)

Price dumped -32% and is trading around 0.209.

Price is below EMA7 (0.261), EMA25 (0.328) and EMA99 (0.346) → trend remains bearish.

Market structure shows lower highs and lower lows.

RSI(6): 11 → extreme oversold, panic selling zone (not a reversal signal).

MACD is bearish with expanding red histogram.

No volume confirmation for a sustained bounce.

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Trade Setup

Short (trend continuation)

Sell on bounce: 0.225 – 0.240

SL: 0.265

TP1: 0.200

TP2: 0.180

TP3: 0.150

Invalidation: 4H close above 0.265.

Bounce = sell. Trend first.

$PIPPIN

PIPPIN
PIPPINUSDT
0.18222
-5.74%