The $PIPPIN /USDT pair is witnessing a brutal correction today, plummeting -20.21% to $0.34159 as intense selling pressure sweeps through the market. After recently hitting an all-time high of $0.525, the token—which has surged over 1,400% this month following a major Robinhood listing—is now undergoing a sharp "liquidity grab" as it tests its 24-hour low of $0.34102. Despite massive 680.92M PIPPIN in volume and a recent narrative shift toward its AI agent utility on Solana, the current 15-minute chart shows a steep bearish slide below key moving averages, leaving traders on edge as $9 million in long positions face potential liquidation if the $0.30 floor fails to hold.
Would you like me to monitor the chart for any signs of an oversold RSI bounce at these lower support levels?
