$PIPPIN USDT Momentum Building – Buyers Enter at 0.4668
PIPPINUSDT is showing constructive price action after the BUY entry at 0.4668654. The structure suggests accumulation near support with potential upside continuation if resistance levels are cleared.
Technical Analysis:
Support and Resistance:
Immediate support is positioned around 0.4500–0.4550. This zone has acted as a demand base where buyers previously stepped in.
Key resistance is located near 0.4900. A clean breakout above this level could open the move toward 0.5200–0.5400 as the next supply zone.
Moving Averages:
Price is attempting to hold above short-term moving averages. If the faster MA remains above the slower MA, it confirms short-term bullish structure. Any pullback toward the MAs that holds could provide continuation strength.
RSI:
RSI is trending above 50, indicating positive momentum. A push toward 65–70 would confirm strong buying pressure, but traders should monitor for minor pullbacks near overbought conditions.
MACD:
MACD is showing bullish momentum with histogram expansion. A sustained positive crossover supports upside continuation if volume confirms.
Market Sentiment:
Short-term sentiment is Bullish. Higher lows and support defense suggest accumulation. However, full confirmation of continuation requires a decisive breakout above 0.4900 with strong volume.
Strategy:
Entry: 0.4668654 positioned near support within a developing bullish structure.
Targets: 0.4900 first target, then 0.5200–0.5400 zone.
Invalidation: Close below 0.4450 would weaken the bullish setup.
Recommendation: Trade with disciplined risk management. Consider taking partial profit near first resistance and trailing stop loss to protect capital. If not yet in position, waiting for a confirmed breakout above 0.4900 offers a safer continuation entry.
Momentum is building, but confirmation through volume is key.
Are you holding PIPPIN for a breakout above 0.4900, or planning to secure profits early?
Not Financial Advice (NFA). Always do your own research before making