Bearish momentum start here take short entry and enjoy profit.....
technical analysis chart for PIPPIN/USDT Perpetual on Binance. Here's a breakdown:
- *Current Price*: 0.06288 USDT , down 1.60%.
- *24h High/Low*: 0.08380 / 0.05820.
- *Volume*: 8.61B PIPPIN (~576.30M USDT traded).
- *Indicators*:
- EMA(21): 0.06247
- EMA(50): 0.06317
- EMA(200): 0.06017
- *Trend*: Price seems to be consolidating above the EMAs after a sharp drop. Volume dropped significantly after the big move.
- *Timeframe*: Chart shows data from Nov 24-25, 2025.
- Price is below EMA(50) and near EMA(21), which could indicate some weakness.
- Volume dropped after the big move, suggesting less interest.
- Price is down 1.60% in 24 hours, and it's trading below the recent high (0.08380).
These signs _could_ hint at bearish momentum building or at least a lack of bullish push. But without more context or a longer timeframe, it's hard to confirm a strong bearish trend.$BTC
