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Recently, the trend of PIPPIN is worth paying attention to. From the fundamentals, after a previous pullback found support, it quickly rebounded, forming a clear bottoming and recovery pattern in the short term. The bulls' resilience is still quite good.
The technical aspect is even more interesting — the price has already stabilized above the middle band of the Bollinger Bands, completely breaking free from the previous downward pressure. During the rebound, trading volume has also gradually increased, indicating that buying power is gradually returning and not just a false rally. Market sentiment has shifted from waiting and watching to active participation, and the signal of a bullish counterattack is already quite clear.
If you want to go long on this, the stop loss can be set at 0.39, with the first target at 0.46. This bottoming and recovery pattern usually offers a good rebound space.