$PIPIN/USDT is currently trading in a consolidation range after a recent impulsive move, showing signs of accumulation near key support.
The immediate support zone is located around 0.0420–0.0435, where buyers previously stepped in strongly.
A stronger macro support sits near 0.0390, which remains critical to maintain bullish structure.
On the upside, the first resistance is positioned around 0.0475, acting as a short-term supply zone.
A confirmed breakout above 0.0500 resistance could trigger bullish continuation momentum.
Volume profile indicates decreasing selling pressure, suggesting possible trend reversal.
RSI is stabilizing near the neutral zone, leaving room for upward expansion.
If price holds above support, a retest of 0.0520–0.0550 is highly probable.
Failure to hold support may lead to another liquidity sweep before recovery.
Overall bias remains cautiously bullish while price sustains above 0.0420 support. 🚀#PIPIN #BinanceSquareTalks #USIranStandoff #RiskAssetsMarketShock #RiskAssetsMarketShock $pippin
