PIPPIN Looks Bearish (4H)

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First of all, note that this token is risky and highly volatile.

Based on the bearish CH on the chart and the failure to form a new high after this CH, it appears that PIPPIN’s bullish phase has not yet fully ended. The price is currently forming a liquidity pool, which is expected to be swept before this pool eventually breaks to the downside.

We expect a rejection from the supply zone toward the specified targets.

A candle close above the invalidation level would invalidate this analysis and outlook.

Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you

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