$PIPPIN : Continuous slide down! 📉

$PIPPIN Sell (Short)

Entry: 0.0537 - 0.0565

Targets: 0.0510, 0.0485, 0.0450

Stop Loss (SL): 0.0595

Leverage: 3x - 5x (Isolated)

Reason:

1. Sellers are in huge profit (+1.8 million), giving them control to continue lowering the price.

2. The buying ratio is weak compared to selling, indicating that whales prefer selling at the moment.

3. Most buyers (Long) are in loss, which often leads to further selling pressure.

Will $PIPPIN continue to drop or will there be a surprise from buyers? 🐻

PIPPINUSDT

Perp

0.05075

-19.90%