🔥$PIPPIN Rally Still Has Fuel – $0.32 in Sight?
Trade Bias: Bullish (Short-Term)
📈Market Structure:
PIPPIN is showing a clear bullish structure on the higher timeframes, with price bouncing strongly from the December support zone around $0.157. The recent 50% rally confirms strong demand and a shift in momentum back to buyers. Despite profit-taking from large holders, the overall trend structure remains intact as higher lows are forming.
🔗Key Levels to Watch:
Support: $0.157 → $0.133 → $0.107
Resistance: $0.32 → $0.48 → $0.50
A clean break and hold above $0.32 could push PIPPIN into an overheated zone, with $0.48–$0.50 as the next major upside target.
Volume & On-Chain Insight:
The rally was backed by strong volume, showing real participation, not just a low-liquidity pump. On-chain data shows steady new address growth, meaning fresh demand is entering the market. MVRV cooling down after the correction suggests there is still room for upside before extreme overheating.
Outlook:
As long as PIPPIN holds above the $0.157 structure support, the bullish trend remains valid. A breakout above $0.32 could trigger the next expansion leg, while a loss of $0.133 may signal deeper retracement.