๐ $PIPPIN USDT (Perp) โ Technical Analysis Update
$PIPPIN USDT experienced a strong bullish expansion, pushing up to the 0.77 area, followed by a sharp correction. The price is now trading around 0.49, where it appears to be stabilizing after the pullback.
๐ Chart Observations (1D Timeframe)
Strong impulse โ deep pullback (profit-taking after the rally)
Current price holding above mid-range support (~0.48โ0.50)
RSI ~55 โ neutral to bullish, room for continuation
Momentum cooling down โ market is deciding the next direction
๐ Trade Plan (Cautious Bullish Bias)
Potential Long Zone:
0.47 โ 0.50 (support & consolidation area)
Targets:
๐ฏ Target 1: 0.57
๐ฏ Target 2: 0.65
๐ฏ Target 3: 0.75 โ 0.78 (previous high zone)
Stop Loss:
โ 0.44 (below key support)
โ ๏ธ Bearish Risk Scenario
If price fails to hold 0.47 on a daily close, a deeper correction toward 0.40 โ 0.35 cannot be ruled out before any meaningful bounce.
๐ง Summary
After a strong rally and correction, PIPPINUSDT is building a base.
Holding above current support keeps the bullish recovery scenario valid, while a break below would shift momentum bearish.
