The PIPPIN coin recorded a remarkable increase of about 32% over 24 hours, stabilizing near the level of 0.4676, alongside a notable growth in trading volume reaching approximately 82.24 million.
📊 This interaction reflects a strong influx of liquidity and clear interest from short-term traders.
Buyers surged strongly as the price movement accelerated, while liquidity expanded in parallel with momentum, confirming that the rise was not due to weak liquidity, but rather from broad market participation.
🐂 Positive momentum maintains buyer control
PIPPIN respects a clear upward structure on the four-hour timeframe, as the price launched from the support range between 0.32 – 0.33.
🔺 Every price correction has produced a higher low than before, reinforcing the strength and continuity of the upward trend.
The price also maintains its strength above the 0.45 area, which has shifted from a consolidation area to short-term support.
⛔ Conversely, the 0.53 area stands out as upper resistance after halting previous upward attempts.
On the indicators front, the MACD shows gradual improvement after a clear reset, with the histogram moving into positive territory and the signal lines tilting upwards, without any signs of momentum exhaustion so far.
⚡ Leverage inflation with a jump in open contracts
The open trading volume has increased by about 90% to approximately 218.96 million, a rate that far exceeds the price increase.
📈 This divergence reveals an increasing reliance on leverage to chase the upward trend.
Traders chose to increase their rapid exposure rather than wait for calming periods, a behavior that reflects high confidence, but at the same time raises vulnerability.
🚨 Leverage-driven moves accelerate rapidly, but they can reverse violently at the first slowdown.
The simultaneous growth of open contracts with price increases indicates a direct market direction, not hedging activities. However, the risk of liquidation remains if momentum weakens.
🔻 Short selling liquidations support the upward trend
Liquidation data reveals a clear dominance of short position liquidations over long ones.
About 672,000 short positions have been liquidated, compared to only about 64,000 long positions.
📉 This imbalance indicates that downward pressures have been largely absorbed, while short position liquidations have contributed to accelerating the rise.
Importantly, the liquidation of long positions has remained limited, reducing the chances of immediate decline.
However, liquidation-driven rises may lose momentum once this factor subsides, making real demand a critical element for the trend to continue.
⚖️ Balanced funding limits excess
The funding rate weighted by open contracts remains slightly negative at around -0.0705.
🧭 This reading reflects a state of balance:
Despite leverage inflation, there is no sign of excessive optimism or reckless enthusiasm.
This relative discipline often supports the continuation of the upward trend, allowing the market to move without sharp funding pressures.
However, any sudden jump in funding remains a warning sign to watch.
❓ Does PIPPIN continue to rise without exhaustion?
PIPPIN reflects a solid upward structure supported by increased trading volume, improved technical indicators, and liquidation dynamics favoring buyers.
But 🔥 leverage has become the prominent player.
Sustaining the rise requires conscious buying follow-up, not just momentary enthusiasm.
If momentum slows, volatility may quickly amplify.
🧩 Summary
✔️ Rise supported by strong momentum and increasing trading volume
✔️ Short selling qualifications strengthen the upward trend
⚠️ High leverage may double volatility during weak demand
📌 Sustained real demand is the key factor for the upward movement to continue steadily.
