PIPPIN's latest market trend is worth paying attention to. The current price is around 0.28255, having retraced 32.49% from the high, and a fascinating technical reversal has emerged.

From the chart, signals suspected of trend reversal are brewing, and it has been operating for 67K candles. The key support below is at 0.27711, which serves as a reference point for observing the main trend.

Looking upward, resistance levels are distributed at 0.34630, 0.36370, and 0.36806, representing potential pressure points during a rebound.

On the technical indicators side, the MACD has surged by 111%, and this aggressive upward momentum offers some opportunities for aggressive traders. If you are optimistic about a rebound, a small position to test long positions and catch this reversal could be a strategy, but thorough research is necessary.

Regarding risks, special attention should be paid. If the trend line at 0.27711 is broken, a bearish squeeze could form, so keep a close eye on this level. Before trading, it’s essential to develop a plan based on your risk tolerance.