🦄 $PIPPIN Trend Analysis: Breakout or Fakeout?
The AI-agent token PIPPIN is making waves again! After a period of heavy cooling off from its January highs, the chart is finally showing signs of life. Here is the breakdown of what is happening right now:
📊 Technical Overview
Looking at the 1D (Daily) chart, we’ve just witnessed a massive "V-shaped" recovery from the local bottom near $0.157.
The Breakout: After weeks of consolidation, the price exploded by over 45% in the last 24 hours, successfully reclaiming the $0.26 level.
RSI Check: Your chart shows an RSI(6) at 60.03. This is the "Sweet Spot"—it shows strong bullish momentum without being "overbought" (which usually happens above 70-80). There is still room to run.
Volume Spike: The 24h volume has surged to $812.70M USDT. High volume on a green candle is a classic confirmation that the "Big Players" (Whales) are back in the game.
🚀 Key Levels to Watch
Resistance: The immediate hurdle is $0.30. If we close a daily candle above this, the next stop is the psychological barrier at $0.43, followed by the previous swing high of $0.55.
Support: The former resistance at $0.245 has now flipped into immediate support. As long as we hold above $0.18, the bullish structure remains intact
