📉 $PIPPIN
PIPPINUSDT
Perp
0.05231
-1.67%
: Have we reached the bottom?
We notice a sharp decline of more than 33%. The RSI index is currently at "suicidal" levels below 10, which is a historic oversold condition on the short time frames. Technically, we are waiting for a rebound to correct the path (Dead Cat Bounce), but caution is necessary as long as the price is below the moving averages.