$PIPPIN USDT perpetual analysis (same style as BTC/ETH breakdown):
current price 0.59985 USDT
mark price 0.59985 USDT
trend downward shift after a spike, price below MA7 (0.59705) and MA25 (0.60456), indicating bearish momentum on the 15‑minute chart.
support levels
- immediate support 0.57154 (recent low)
- strong support 0.55077 (lower swing level)
resistance levels
- immediate resistance 0.60811 (recent rebound point)
- next resistance 0.62457 (24h high)
volume 24‑hour volume 1.05 B PIPPIN with USDT volume 602.79 M. Volume spike shows strong selling pressure followed by moderate buying.
entry suggestion consider short entry on break below 0.57154 with volume confirmation, targeting 0.55077.
exit suggestion take profit near 0.55077 or at next support; set stop‑loss above 0.60811 to limit risk.
risk note PIPPIN shows high volatility and recent sharp moves; manage position size and leverage carefully to avoid sudden reversals.
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