Honestly, PIPPIN's recent trend has indeed reached a turning point. The market position is too sensitive, and the next direction choice directly determines whether you'll eat meat or get trapped. Today, let's analyze this coin's fundamentals from a technical perspective.

**What can candlestick patterns tell us?**

In the long term, PIPPIN has been oscillating within the 0.25 to 0.76 range. Recently, the performance has been "rising sharply then falling back and consolidating." During this consolidation, the price has formed a converging triangle—that is, the so-called "night before a breakout." The spring will either bounce upward or break downward; it won't be pressed indefinitely.

**The truth at the indicator level**

How about Bollinger Bands? On the daily chart, the upper and lower bands are rapidly converging, and the middle band is still slightly downward, with the price stuck below the middle band. This is a typical short-term weakness signal, no need to elaborate.

MACD is the key. The DIF and DEA lines are close together near the zero axis. Although the bearish momentum has diminished, the problem is that the bullish energy is not being released at all. Think about what this indicates—bulls are resisting and pushing upward vigorously, but this push has lost its fire. The control is gradually shifting into the hands of the bears.

Currently, RSI is at 62, which isn't particularly low. However, the J value of KDJ has turned downward from over 80, forming a "top divergence" with the price. This is evidence that short-term upward momentum is stalling.

**Putting all signals together**

The bulls and bears are fighting fiercely around the 0.43 line, but the scale clearly tilts toward the bears. This isn't a healthy correction; it's a sign of "weakness." To pinpoint the entry more precisely, you need to observe several candlesticks for confirmation.