$PIPPIN /USDT — Technical Outlook (2H) 📈
Price has printed a sharp V-shaped recovery from the local bottom, indicating strong demand absorption and aggressive buying interest. The move is supported by increasing volume, confirming that this bounce is not weak or random.
RSI dynamics show:
RSI(6) ~76 → short-term overbought (possible minor pullback)
RSI(14) ~59 and RSI(24) ~53 → still healthy, bullish momentum on higher structure
This suggests momentum is strong, but price may consolidate or retrace slightly before the next continuation leg.
Key Levels
Immediate Resistance: 0.460 – 0.470
Major Resistance: 0.498 – 0.535
Support Zone: 0.425 – 0.410
Trade Bias
Primary Trend: Short-term bullish
Expectation: Pullback → continuation higher
Risk Area: Chasing longs at the top (RSI overextension)
Smart Approach
Prefer buy-on-dips near 0.43–0.44 rather than FOMO entries
A clean breakout and hold above 0.47 can open the path toward 0.50+
⚠️ If price fails to hold 0.425, expect a deeper correction toward 0.40.
