$PIPPIN 1. Technical Analysis (Based on PIPPIN/USDT)


15-Minute Chart (Short-term):
Indicator Tendency: RSI(6) is in the oversold zone at 14.6, and the KDJ index is also at a low level (around 16), indicating a short-term rebound demand.
Resistance and Support: Short-term support is around $0.414, with resistance above at $0.427.
Daily Chart (Mid-term):
Trend: Price is above the BOLL middle band ($0.402), maintaining an overall mid-term upward channel.
Momentum: MACD shows negative bars and DIF/DEA are in a high-level dead cross, indicating that the mid-term upward momentum has slowed, currently in a consolidation phase.
Support: Strong support zone is between $0.358 and $0.402.
2. Trading Opportunity Assessment
Currently $PIPPIN exhibits characteristics of **“short-term oversold, mid-term consolidation”**:
Conservative: It is recommended to watch for stabilization opportunities when the price retraces to the support zone of $0.36 - $0.40. If the price can hold above this zone, consider gradual positioning.
Aggressive: The short-term RSI is severely oversold. Pay attention to support around $0.414. If reversal signals appear, consider playing for a rebound towards $0.45.
PIPPIN-4.56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-bc8a7dadvip
· 9h ago
So now we are all bullish, with a more aggressive target of 0.45.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)