PIPPIN latest price movement is worth paying attention to. The current price is around 0.28255, which has pulled back 32.49% from its high. The technical picture shows an interesting inflection point.
From a chart perspective, signals suggesting a potential trend reversal are building up, with 67K candles already formed. Key support to watch below is the dynamic level at 0.27711, which serves as a reference point for observing the top-side action.
Looking upward, resistance levels are distributed across 0.34630, 0.36370, and 0.36806 zones—these are potential pressure points for any rebound.
On the technical indicator side, MACD has surged 111%, and this fierce upward momentum presents some opportunities for aggressive traders. If bullish on a rebound, considering a light long position to capitalize on this reversal move is an idea, but proper due diligence is necessary.
Risk management is critical—if the trend line at 0.27711 gets broken, bears could form a squeeze, so this level needs constant monitoring. Before trading, make sure to plan your strategy according to your own risk tolerance.
PIPPIN latest price movement is worth paying attention to. The current price is around 0.28255, which has pulled back 32.49% from its high. The technical picture shows an interesting inflection point.
From a chart perspective, signals suggesting a potential trend reversal are building up, with 67K candles already formed. Key support to watch below is the dynamic level at 0.27711, which serves as a reference point for observing the top-side action.
Looking upward, resistance levels are distributed across 0.34630, 0.36370, and 0.36806 zones—these are potential pressure points for any rebound.
On the technical indicator side, MACD has surged 111%, and this fierce upward momentum presents some opportunities for aggressive traders. If bullish on a rebound, considering a light long position to capitalize on this reversal move is an idea, but proper due diligence is necessary.
Risk management is critical—if the trend line at 0.27711 gets broken, bears could form a squeeze, so this level needs constant monitoring. Before trading, make sure to plan your strategy according to your own risk tolerance.