$PIPPIN is stabilizing after the sharp spike and pullback from the 0.76000 high and I am watching this closely because buyers stepped in strongly near the 0.43140 reaction zone and prevented deeper continuation lower. The 1h candles are now forming a tight range with steady absorption which shows selling pressure is cooling and price is attempting to build a base after the expansion move. Momentum is neutral but structure remains constructive while support holds.
Here is my full setup from this chart.
Entry Point
0.48500 – 0.45500
Target Point
TP1: 0.50500
TP2: 0.54000
TP3: 0.60000
Stop Loss
0.42800
It is possible because every dip near 0.45500 is getting absorbed quickly and sellers are failing to push price back below the reaction low. If PIPPIN stays above the support zone a controlled rebound toward 0.50500 becomes the natural next step before momentum attempts higher continuation.
#USGDPUpdate #USCryptoStakingTaxReview #WriteToEarnUpgrade
pippin
Alpha
0.02646
-3.18%