PIPPIN has emerged as one of the strongest players in the AI Agent token market, with a powerful surge in recent days.
The impressive increase has put the token in the spotlight, and now investors are wondering if PIPPIN can maintain this momentum.
PIPPIN investors show skepticism
Chaikin Money Flow (CMF) shows that PIPPIN has recently experienced a period of strong inflows. This signaled increasing confidence and capital flowing into the market.
Yet, the indicator is now flattening out, pointing to declining inflows. A decrease in new capital may limit PIPPIN's ability to sustain its surge, making further increases more difficult.
This change suggests that investors are becoming more cautious. Without steady support from inflows, PIPPIN may struggle to maintain its current momentum.
The AI Agent token is heavily reliant on sentiment-driven surges, and the declining strength of the CMF may hinder the token from climbing further in the short term.
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The broader outlook is complicated by the funding rate, which shows a heavy bearish structure. A negative funding rate means that most traders are opening short positions, expecting PIPPIN to fall. This widespread bearish positioning reflects low confidence among derivatives traders.
Such a stance could put pressure on price development, as short sellers often increase downward pressure. Unless market conditions reverse, this pessimistic stance could become a significant obstacle for PIPPIN and hinder any attempts at a long-term rise.
PIPPIN is trading at $ 0.263, just holding above the $ 0.255 support level. The AI Agent token is still up nearly 42% today and briefly recorded an 84% intraday increase, reflecting strong volatility. However, it will require strong conviction from investors to break higher.
Reaching $ 0.500 requires an increase of almost 90% from current levels. Given declining inflows and a negative funding rate, this target may be challenging. Instead, PIPPIN may remain closer to the $ 0.193 support level, with a drop to $ 0.136 possible if holders begin to secure profits.
But if bullish sentiment returns and new capital flows back into the market, PIPPIN could break past the $ 0.330 and $ 0.403 resistance levels. Surpassing these barriers would open the way toward $ 0.500, invalidating the bearish outlook.
