Don't swim against the current! 📉 $PIPPIN

Don't swim against the current! 📉 $PIPPIN

As we expected.. the rapid rise that $PIPPIN experienced was nothing but a liquidity trap (Bull Trap) that lasted only one hour, after which the price succumbed to strong selling pressure. 📉

Why is selling (Short) the logical decision now?

Bearish Structure: the price is still recording lower highs, and the downward trend is dominant.

Bounce failure: the recent rise failed to break through key resistance areas, indicating weak buyers.

Negative momentum: selling at "temporary peaks" is currently the safest strategy.

🎯 Our next goals (Take Profit):

🔹 Target one: $0.46 (near support)

🔹 Target two: $0.40 (psychological level)

🔹 Target three: $0.30 (previous demand zone)

🔹 Target four: $0.20 (target bottom)

⚠️ Tip: don't try to "catch the bottom" now, sticking to the trend is the secret to continuing in this market.

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