🚨 $PIPPIN USDT SHARP DUMP – OVERSOLD OPPORTUNITY? Short-Term Bounce Setup! 📈
$PIPPIN just got hit hard – currently trading at 0.3459 after a brutal -16.8% drop in the last 24 hours! 😱 From 0.436 high → strong rejection, but look at the technicals screaming potential reversal:
RSI(14) sitting at ~48 (neutral, not overbought anymore) + RSI(6) ~43 → room to run higher
Price hugging lower Bollinger Band (~0.289) after massive volatility spike
Long/Short Ratio 0.65 → bears dominating (60%+ shorts), classic setup for short squeeze 🔥
MACD still negative but histogram flattening → momentum divergence incoming
Huge volume spike on the dump → panic sellers exhausting?
After such aggressive sell-off in a hot AI-meme narrative coin like $PIPPIN (the legendary unicorn agent!), we are likely seeing capitulation. Bounce trade incoming!
Trade Idea (Spot/Futures – Low Leverage):
Buy/Long now around 0.343 – 0.346 zone
🎯 Take Profit Levels:
TP1: 0.385 (+11–12%)
TP2: 0.415 (+20%)
TP3: 0.453 (previous resistance, +31%)
🛑 Stop Loss: 0.325 (below recent low & ~6% risk – tight protection)
Risk only what you can afford – memecoins are wild! 🚀 This could be the reload zone before next leg up.
Who's jumping in with me? Drop 🔥 if you're long $PIPPIN!
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