A potential short setup has been identified for $PIPPIN on t

A potential short setup has been identified for $PIPPIN on the 4-hour chart. This analysis suggests a critical juncture where market dynamics could lead to a downward movement.$PIPPIN /USDT - SHORT 📉
**Trade Plan:**
Entry: 0.17997 – 0.18461
SL: 0.196212
TP1: 0.168369
TP2: 0.163728
TP3: 0.154447
**Why this setup?**
A short bias is indicated. Price is positioned at the 1h EMA (0.18229), acting as a potential high-probability rejection zone within the daily range.
Furthermore, RSI on lower timeframes shows weakening momentum, supporting a move towards the first target. This confluence of technical indicators strengthens the bearish outlook.
**Key Consideration:**
Is this the beginning of a range breakdown, or will the daily trend maintain its hold? Traders should monitor for confirmation.
Trade here 👇

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}A potential short setup has been identified for $PIPPIN on the 4-hour chart. This analysis suggests a critical juncture where market dynamics could lead to a downward movement.

A potential short setup has been identified for $PIPPIN on the 4-hour chart. This analysis suggests a critical juncture where market dynamics could lead to a downward movement.