PIPPIN's massive rally seems to be losing momentum, and sellers are starting to take control.
Go short on PIPPIN now
Entry: 0.475 – 0.48
Stop loss: 0.54
First target: 0.420
Second target: 0.398
Third target: 0.350
After the C-D formation shows a death cross and trading volume sharply declines, buyers are clearly less willing to chase the rally at high levels. The price begins to feel heavy due to lack of demand support. Signs of this weakening often indicate an upcoming correction period. As long as selling pressure persists, the price is likely to retreat to a key support level.
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PIPPIN's massive rally seems to be losing momentum, and sellers are starting to take control.
Go short on PIPPIN now
Entry: 0.475 – 0.48
Stop loss: 0.54
First target: 0.420
Second target: 0.398
Third target: 0.350
After the C-D formation shows a death cross and trading volume sharply declines, buyers are clearly less willing to chase the rally at high levels. The price begins to feel heavy due to lack of demand support. Signs of this weakening often indicate an upcoming correction period. As long as selling pressure persists, the price is likely to retreat to a key support level.
Short PIPPIN here 👇