$pippin Analysis + Next Move
$pippin is currently stuck in a volatility trap, trading around $0.2745 after a sharp pullback from its all-time high of $0.5502 just 13 days ago. Price bounced from the $0.1605 low on Feb 6, but the overall structure still looks heavy, with a -4.46% move in the last 24 hours.
Quick analysis: The chart shows a classic post-parabolic distribution phase. After a 3,500% rally, momentum cooled and sellers started using bounces as exit liquidity. RSI is already elevated on some timeframes, even while price sits far below the peak.
With the market in Extreme Fear and a large portion of supply concentrated in a small number of wallets, downside risk remains elevated.
Real talk: High-beta meme coins, especially AI-labeled ones, usually get hit first in risk-off conditions. Unless price reclaims and holds above $0.35, this bounce may just be another exit opportunity for early holders.
Next move: • Bearish scenario: Loss of $0.249 support could send price quickly toward $0.183 – $0.193, with $0.16 as the deeper reset zone.
• Relief scenario: Bulls need a clean break above $0.312 to improve short-term structure. Any rally toward $0.48 may face heavy selling pressure.
• Bottom line: Watch the $0.25 level closely. If it fails, another leg down becomes the higher-probability path.