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KostyaP
· 2h ago
Shorting in oversold conditions, feeling the expertise:)…
📉 $PIPPIN – Parabolic run exhausted, heavy rejection at highs.
Momentum cooling after vertical expansion with distribution signs near top.
🔴 $PIPPIN SHORT
🎯 Entry: 0.446 – 0.462
🛑 Stop Loss: 0.506
🎯 TP1: 0.418
🎯 TP2: 0.372
🎯 TP3: 0.308
🧠 Plan & Logic
Failure to reclaim 0.50 keeps unwind structure intact. Acceptance below 0.40 opens path toward 0.30 liquidity. Sustained move above 0.506 invalidates the breakdown thesis.
Trade $PIPPIN here 👇 📊