PIPPIN Trading at $0.509 — Trendline Breakout & Retest in Play
$PIPPIN is currently trading around $0.509, having cleanly broken above its descending trendline and reclaimed a key support-turned-resistance zone. Market structure is shifting bullish, as long as price holds above the reclaimed area.
🔹 Key Levels to Watch
Support: $0.45 — Former resistance now acting as a critical retest zone
Resistance: $0.568 — First upside reaction level
Target: $0.760 — Major breakout objective if momentum continues
Downside Risk: $0.40–$0.35 — In play if the $0.45 level fails
🔹 Market Structure Breakdown
Price has broken the descending trendline, signaling a momentum shift
A sustained move above $0.45 suggests buyers are firmly in control
The chart favors a pullback into $0.45 before continuation higher
Holding above this zone keeps the bullish structure intact
📌 Outlook:
$PIPPIN appears primed for continuation. A successful retest of $0.45 could open the door to $0.568, followed by a potential move toward $0.760. Failure to hold the zone would weaken the bullish setup and expose lower levels.
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