$PIPPIN Bullish Signal
The large bullish candle of PIPPIN is not a random rebound but the first strike of a 'structural reversal'. The previous drop from 0.097 to 0.043 is a typical emotional stampede, but the more the stampede-like drop, the easier it is to see a V-shaped counterattack. Now, the market has given the most critical signal: the bulls have forcefully regained control for the first time.
The key detail is that the price not only has returned above the short-term moving averages but has also pierced through with a large bullish candle, and the trading volume has surged simultaneously, indicating that this is not a retail rescue but a clear statement from the main players. The group of bearish candles from the previous drop has all been pierced by this bullish candle, meaning the short-term trend has completed its reversal.
The current price is hovering around 0.076, which is the first stop for the previous decline and a natural pause point after the bulls' sprint. As long as this level is not quickly broken, the second phase of the rally will proceed smoothly, with the target still pointing towards above 0.08 or even higher.
At this moment, the characteristics of the trend are very clear:
Sharp drop → Double bottom test → Strong engulfing → Trend reversal initiation.
This type of structure usually does not move with just one bullish candle but marks the beginning of a new ascending stage.
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Bullish Trading Strategy
Entry Range
0.0738 – 0.0755
Take Profit Targets
T1: 0.0786
T2: 0.0819
T3: 0.0863
Stop Loss
0.0704
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As long as PIPPIN can remain steady above 0.074, the second leg of the bullish attack will naturally unfold, and there will still be momentum to challenge 0.08+.
Trade Now $PIPPIN
