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$PIPPIN Rug pull

$pippin is under heavy selling pressure after a sharp breakdown from the 0.40–0.44 zone and continues to trade weak near the session lows. Price is holding below all major averages, momentum remains bearish, and volume is not showing any strong accumulation signs. The structure still favors continuation rather than a meaningful bounce. As long as $pippin stays below the 0.36–0.38 resistance zone, sellers remain in control and any small relief bounce should be treated as a shorting opportunity. A clean loss of the 0.326 support can open further downside expansion. Only a strong reclaim back above 0.39 would invalidate this short setup.

$PIPPIN short now

$PIPPIN rejected sharply from the 0.51 area and saw a strong sell-off, breaking below the key short-term structure and dropping into the 0.42 zone. This move clearly shows sellers in control after distribution at the top, with momentum shifting bearish on the lower timeframe. Price is now attempting to stabilize around the 0.42–0.43 area, which is acting as an interim support. However, the overall structure remains weak as long as price stays below the 0.45–0.46 resistance zone. Any bounce toward this region is likely to be corrective rather than a trend reversal. If 0.42 fails to hold, another leg down toward the lower support is very possible. Only a clean reclaim and hold above 0.46 would improve the structure for bulls. Until then, short scalps offer a better probability setup based on current momentum.