#PIPINUSDT 📊 Technical Analysis of PIPPIN/USDT (15-Minute TF)
The current price of PIPPIN is at 0.461, after experiencing a strong increase of over +31% in the last 24 hours. This movement indicates a significant bullish momentum, although it is beginning to enter a consolidation phase.
🔹 Trend & Moving Average
The price is still moving above MA25 and MA99, indicating that the bullish structure is still intact. However, the price position slightly below MA7 indicates that short-term selling pressure is starting to emerge. As long as the price stays above the area of 0.45 – 0.44, the uptrend is not broken.
🔹 Important Resistance & Support
Strong resistance: 0.480 – 0.500
Nearest support: 0.455
Main support: 0.435 – 0.413
Rejection at the area of 0.48 indicates profit-taking, which is normal after a rapid rally.
🔹 Volume
Volume is starting to decline, indicating a cooling down phase. This often happens before the price chooses its next direction — whether to continue rising or undergo a healthy correction.
🔹 MACD
MACD is starting to weaken and is approaching a dead cross, indicating that bullish momentum is temporarily decreasing. However, there is still no strong bearish signal as long as the histogram remains relatively thin.
🔹 RSI & Stochastic RSI
RSI in the area of 46–47 → neutral, not overbought
Stochastic RSI in the oversold area → potential to bounce if buyers come back in
📌 Conclusion
PIPPIN is currently in a healthy consolidation phase after a strong pump. As long as the support at 0.45 – 0.44 holds, the chances for further bullish continuation are still open with a retest target of 0.48 – 0.50. However, if that support breaks, a potential correction to 0.43 could occur before continuing the next uptrend.
⚠️ Note:
Suitable for traders who are prepared with strict risk management, as volatility is still high and movements can be quick.
