#PIPIN 🔍 Technical Analysis of PIPPINUSDT (1H)

Current price: ± 0.4798 USDT

High in 24 hours: 0.7600

Low in 24 hours: 0.4314

Daily increase: +4% (still healthy, not euphoric)

📈 Trend Structure

The main trend is still bullish

Price is above MA 7 & MA 25, indicating that short to medium-term momentum is still strong

MA is pointing upwards → buyers are still dominant

⚡ Price Action

A strong spike was seen up to 0.7600, then a quick correction

The current correction is still reasonable (not breaking down the structure)

The area of 0.45 – 0.47 is a strong support (buying zone re-entry)

📊 Indicators

RSI (6): ~68

Almost overbought, but not extreme

There is still room to rise after consolidation

MACD

The green histogram is starting to shrink → a sign of cooling down, not a reversal

Stoch RSI

Falling from the upper area → an indication of a healthy pullback, not a dump

🔑 Important Areas

Strong support:

0.45 – 0.43

If broken → next support 0.38

Resistance:

0.52 – 0.55 (near resistance)

0.63

0.76 (local ATH / extension target)

🧠 Conclusion of Analysis

The trend is still bullish

Currently, PIPPIN is in a consolidation phase after the pump

As long as 0.43 does not break, the upward structure is still safe

Potential to continue rising after consolidation if volume comes back in