$pippin /USDT Analysis
Current Price: 0.0522
Pippin recently faced a rejection from higher levels and is currently moving in a downward trend, with price slowly losing strength after hitting the 0.0556 area.
From the chart, lower highs and weak bullish candles suggest that sellers are still in control, while buyers are struggling to push the price higher.
Key question right now 👇
Is this a continuation of the downtrend, or will we see a bounce from current levels?
If price holds above the 0.0515 support and buyers step in, a short-term recovery could happen.
However, if this support breaks, further downside pressure is likely.
Currently, the market is showing a “weak bearish structure” with minor consolidation.
What do you think? Bounce incoming or more downside?
Take Profit (TP): 0.0540 – 0.0555
Stop Loss (SL): 0.0508