🌟 Quick Analysis of PIPPINUSDT (Daily Frame)
PIPPINUSDT has experienced a massive price surge (+25.06% in 24h).
⬆️ Resistance
Key selling pressure zones to watch:
1. 0.09770 USDT: Major Resistance (24h High). This is the target that the price needs to surpass to continue the strong upward momentum.
⬇️ Support
Key buying pressure zones that could reactivate:
1. 0.06157 USDT: Dynamic Support (MA 7). The nearest support level, very important to maintain short-term upward momentum.
2. 0.04372 USDT: Important Support. The lowest price in 24h, representing the bottom of the breakout. Losing this level will reverse the upward trend.
3. 0.03957 USDT: Dynamic Support (MA 25).
💡 Momentum Indicator
• RSI(6): 87.15697 (Severely Overbought Zone). This is a strong warning of the risk of price correction or sideways movement in the near future.
• MACD: Currently accelerating strongly and at 0.00490, confirming the explosive upward momentum, but the high RSI shows that caution is needed.
Strategy Summary: The price is very hot, the risk of correction is high. The level of 0.06157 USDT is a support that needs to be defended to continue challenging the resistance of 0.09770 USDT.
$PIPPIN
