The chart for PIPPIN/USDT shows a classic "cooling off" period after a parabolic run.$PIPPIN
Support Zones: Traders are closely watching the $0.35 - $0.38 range. This area acts as a "trend health" floor. If PIPPIN holds this level, it confirms a healthy consolidation rather than a full reversal.
Resistance Levels: The immediate hurdle is $0.48, followed by the psychological barrier at $0.50. A clean break above $0.50 could trigger a retest of the ATH near $0.70.
Indicators: * RSI: Currently hovering around 50, suggesting a neutral state where neither bulls nor bears have clear control.
Moving Averages: The token remains above its 50-day EMA, maintaining a broad bullish structure despite the recent 20% pullback from December highs.#Binance #Market_Update #BinanceSquareTalks #BinanceSquareFamily #Pippin
