🔥 $PIPPIN is showing strong momentum! Let's break down the current market dynamics.

Pippin has surged +23.47% in 24 hours with an impressive 1.06B volume spike, indicating significant buyer interest. However, volume is beginning to dry up near the highs, alongside long upper wicks, suggesting profit-taking is occurring after the recent rally.

The current price sits around 0.4233, just 2.32% below its 24-hour high. This indicates a healthy breather or consolidation phase after breaking through several resistance levels.

Capital flow analysis presents a mixed picture:
- A 24-hour outflow of -6.32M suggests some early investors are securing profits.
- Conversely, shorter timeframes (4H-12H) show renewed inflows, indicating momentum hasn't fully dissipated.

Our take on $PIPPIN remains cautiously bullish, viewing it as a momentum play. Given the daily volatility of 37.51%, tight risk management is essential.

Trade Ideas for $PIPPIN:
- Safer Entry: Consider a dip to 0.395-0.405 (retesting old resistance as support).
- Aggressive Entry: Current levels around 0.4233, but with smaller position sizing.

SL (Stop-Loss):
- For current Entry: 0.4085
- For lower Entry: 0.3810

TP (Take-Profit) Targets:
- TP1: 0.4778
- TP2: 0.5200

Should Pippin break below 0.395, a shift to a more cautious stance would be warranted, potentially watching for a deeper pullback towards the MA20 at approximately 0.3182. For now, we lean long with strict stop-losses.

Are you riding this rally or waiting for a pullback? Share your thoughts below! 👇

#Pippin #PIPPINUSDT