$PIPPIN Big move here — price jumped hard from the consolidation zone and just printed a strong spike. Short-term momentum is very hot (RSI/EMAs show heavy buying) so expect two likely scenarios:
• Short-term (next few hours): continuation is possible but RSI is overbought — a quick pullback to 0.22–0.26 is the most likely cooling-off. • Mid-term (1–7 days): price could either hold above the breakout area (bull case) and target ~0.45, or retest the prior base near 0.12–0.18 if volume fades. • Key levels to watch: Support ~0.22, Resistance ~0.35, 24h low 0.15698, 24h high 0.34449.
My read: respect the momentum but expect volatility — use small size or a plan for both pullback and continuation. This is an opinion, not financial advice.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$PIPPIN Big move here — price jumped hard from the consolidation zone and just printed a strong spike. Short-term momentum is very hot (RSI/EMAs show heavy buying) so expect two likely scenarios:
• Short-term (next few hours): continuation is possible but RSI is overbought — a quick pullback to 0.22–0.26 is the most likely cooling-off.
• Mid-term (1–7 days): price could either hold above the breakout area (bull case) and target ~0.45, or retest the prior base near 0.12–0.18 if volume fades.
• Key levels to watch: Support ~0.22, Resistance ~0.35, 24h low 0.15698, 24h high 0.34449.
My read: respect the momentum but expect volatility — use small size or a plan for both pullback and continuation. This is an opinion, not financial advice.