๐You won't BELIEVE what $PIPPIN whales just did... They're quietly dumping their bags, and it's a trap!
๐จRemember that one friend who always leads you into trouble? Yeah, PIPPINUSDT is that friend right now, and it's falling faster than my hopes and dreams๐. Be careful, folks, this coin is looking more like a sinking ship than a rocket to the moon๐
PIPPIN | SHORT๐ด
๐ฐPrice: $0.33457
๐Market Dashboard:
Vol: $115.23M | OI: $22.61M
Range: 0.32 - 0.38
Funding: 0.0389%
Mark: 0.33375164 | Index: 0.33262232
๐ฏEntry Zone: 0.338 - 0.341 (Above current price for a short entry, looking for a pullback to confirm bearish trend)
๐Stop Loss: 0.346 (Calculation: 1.5x ATR (0.0195) above entry zone, adjusted for extreme volatility)
๐ฐTargets:
1. 0.324 (TP1: Below EMA50, a safe target for a short swing)
2. 0.308 (TP2: Previous swing low, a reasonable target for a bearish trend)
3. 0.28 (TP3: Extreme bearish target, below recent support levels)
โ๏ธLeverage: Cross 5x-7x (Adjusted for Extreme (5.84%) Volatility)
๐Key Drivers:
- Low and thin volume
๐
- Bearish trend below EMA200
- Extreme volatility (5.84% ATR)
โ ๏ธRISK WARNING: High leverage = High risk. Manage your bankroll!
โ ๏ธCTA:
๐Chart link below - your therapist will understand๐๏ธ
#Pippin #CryptoWarning