๐ฅ$PIPPIN at 0.35 โ hold or get nuked.โ๐ฅ
PIPPIN is currently trading around 0.351, and price has been in a clear short-term downtrend.
๐ด Market Structure
Strong rejection from the 0.45โ0.50 zone
Series of lower highs & lower lows
Price is now consolidating at support
๐ก Key Level to Watch
0.35 = Critical support
Holding โ possible short bounce / relief move
Losing โ next liquidity zone around 0.30
๐ What This Means
Buyers are stepping in, but volume is weak
This looks like accumulation or a pause before continuation
No confirmation of reversal yet
โ ๏ธ Trading Insight
Aggressive longs: Only if 0.35 holds with confirmation
Safer play: Wait for a break & retest above 0.38
Breakdown below 0.35 โ expect fast move toward 0.30
