PIPPINUSDT Perp | Short-Term Momentum Update
$PIPPIN is trading around 0.3440, holding a +6.23% daily gain after a sharp recovery from the 0.2520 low. The bounce was aggressive, followed by consolidation above the short-term moving averages, showing that buyers are defending the pullback rather than exiting.
On the 15m chart, price is stabilizing above MA(7) and MA(25), while MACD has flipped positive, signaling momentum rebuilding after the volatility spike. Volume surged heavily on the rebound and has since cooled down, which usually points to absorption and base-building rather than distribution.
Key Levels
Immediate support: 0.332 – 0.320
Intraday resistance: 0.353 – 0.365
Break above 0.355 opens room toward the 0.38+ zone
Loss of 0.320 risks a deeper retrace toward 0.30
Structure favors cautious bullish continuation as long as price holds above the rising short-term averages. Volatility remains high, so reactions at resistance will define the next move.
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