🚨🚨🚨🚨🚨🚨Based on current market dynamics, I expect $PIPPIN to experience moderate volatility with a slight bearish bias over the next 4-8 hours. Here's why:
Bearish Signals:
🎯 RSI at 76.35 signals overbought conditions, and whale dominance makes it prone to abrupt shifts
🎯Post-competition sell-offs are common as the Binance Alpha trading contest expires
🎯On-chain activity dropped 45% week-over-week, with large holders potentially triggering cascading sell-offs
Support Factors:
🎯Negative funding rates indicate heavy short positioning, creating conditions for squeeze-driven rallies
🎯Strong support above major EMAs with buyers maintaining control
PIPPINUSDT
Perp
0.33348
+0.63%
#Pippin #Write2Earn #BinanceAlphaAlert #PIPPINBooms #ToTheMoon🌕✨ 🚀🚀🚀🚀
