$PIPPIN PIPPINUSDT Perpetual – Technical Analysis
PIPPINUSDT recently experienced a strong bullish rally, reaching a high near 0.5049, followed by a sharp corrective move that pulled the price back to the 0.2630 zone. This correction appears to be a combination of profit booking and leveraged position liquidation, rather than a complete trend reversal.
⚡ Lower Timeframe (3-Minute) Analysis
On the lower timeframe, price action shows the formation of a short-term base above 0.29–0.30. RSI has recovered to the 40 range, signaling a reduction in selling pressure. Meanwhile, the MACD remains in negative territory but the histogram is gradually contracting, indicating weakening bearish momentum.
Volume has stabilized after the initial spike, which supports the idea of a cooling-off phase rather than continued aggressive selling.
📌 Key Levels to Watch
Support: 0.263 – 0.270 (major demand zone)
Immediate Range: 0.29 – 0.32
Resistance: 0.32 – 0.34 (first supply zone), 0.36 – 0.38 (EMA resistance)
A sustained move above 0.32 with volume could open the door for a relief rally, while a breakdown below 0.263 may invalidate the current recovery structure.
🧠 Conclusion
PIPPINUSDT appears to be transitioning from a high-volatility correction into a consolidation phase. While immediate upside momentum is limited, the presence of strong support and oversold recovery signals suggests that the market may attempt a stabilization or short-term rebound before choosing its next directional move.
