PIPPIN is currently reported at 0.31826, after failing to break the high point of 0.38660, it has dropped sharply. The 4-hour level shows a standard downward trend structure, and the confidence of the bulls has completely collapsed, while the bearish momentum is being explosively released, leaving a significant downward space below.

The current rebound resistance is firmly locked in the 0.3250–0.3300 area. The key support below only exists at the previous low of 0.29604, and once this level is breached, it will open a deep downward channel towards 0.2800 and even 0.2500.

It is recommended to view any rebound opportunities in the 0.3220–0.3280 range as good shorting opportunities, with a stop loss above 0.3350, targeting 0.3000–0.3050. If the price directly breaks below 0.2960, shorting should be pursued, looking for levels below 0.2800. #Pippin #狗庄 #巨鲸 #山寨币杀跌 $PIPPIN

PIPPINUSDT

Perp

0.42333

+21.14%