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wedgebreakdown
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$PIPPIN SHORT SETUP: RISING WEDGE EXHAUSTION IN PLAY 🔴
Entry: 0.01655 - 0.01780 🔥
Target: 0.01580 🚀
Stop Loss: 0.01870 ⚠️
This rising wedge on PIPPIN is showing textbook exhaustion — long upper wicks at resistance combined with declining volume. That’s the kind of distribution setup that often leads to a sharp correction in meme tokens after a vertical pump. The measured move from the wedge breakdown aligns with the first target at 0.01580.
Volume fading and price unable to hold above the upper boundary. The short here has a clean risk-to-reward with a tight stop above the wedge high.
Will PIPPIN break lower toward support this week?
Not financial advice. Always manage your risk.
#PIPPIN #ShortSetup #WedgeBreakdown #Crypto
🔴
Entry: 0.01655 - 0.01780 🔥
Target: 0.01580 🚀
Stop Loss: 0.01870 ⚠️
This rising wedge on PIPPIN is showing textbook exhaustion — long upper wicks at resistance combined with declining volume. That’s the kind of distribution setup that often leads to a sharp correction in meme tokens after a vertical pump. The measured move from the wedge breakdown aligns with the first target at 0.01580.
Volume fading and price unable to hold above the upper boundary. The short here has a clean risk-to-reward with a tight stop above the wedge high.
Will PIPPIN break lower toward support this week?
Not financial advice. Always manage your risk.
#PIPPIN #ShortSetup #WedgeBreakdown #Crypto
🔴
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