$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.
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GateUser-bc8a7dad
· 11h ago
So now we are all bullish, with a more aggressive target of 0.45.
$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.