Tracking $PIPPIN's recent price action and the setup looks solid from a macro perspective.



Institutional buying showed up strong initially, then the sell pressure kicked in hard. You saw that classic panic cascade, but here's what matters—the bounce came just as quick. Price snapped right back up.

Where we stand now is interesting. After that flush, we're consolidated into a tight range. The buyers are holding ground at support levels, sellers haven't broken through resistance yet. It's that textbook coiling phase before the next directional move. Watch the volume profile here—could signal which way this breaks.
PIPPIN6,05%
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
  • 4
  • Repost
  • Share
Comment
0/400
TooScaredToSellvip
· 6h ago
ngl, this rebound speed can't be maintained... institutional chips are really holding, let's see if the volume can give a signal.
View OriginalReply0
EthMaximalistvip
· 6h ago
Whenever institutional buying appears, it gets hammered down immediately. This tactic is quite familiar, but the rebound speed is indeed fast. Wait, consolidation has been going on for so long. Is it really going to break out?
View OriginalReply0
NFTragedyvip
· 6h ago
Institutions enter the market and then run away again. When will I get tired of this routine?
View OriginalReply0
SelfRuggervip
· 6h ago
Institutions are buying the dip and offloading, this rebound looks comfortable... but wait, volume profile hasn't confirmed it, I don't believe it.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)