$pippin (Perp) – Chart Update
Price: 0.6504
24H High: 0.7627
24H Low: 0.6254
Daily Change: -4.56%
High volume day (600M+)
Market Structure
Clear downtrend from 0.76
Strong sell-off into 0.63 zone
Now forming a short-term base around 0.63–0.64
Minor higher lows starting to appear
Looks like: Dump - Consolidation - Attempted Bounce
Key Support
0.625 – 0.635 (strong reaction zone)
Lose this - 0.60 likely next
Key Resistance
0.67 – 0.68 (breakdown zone)
0.72 – 0.74 (major supply area)
Volume Insight
Heavy volume on the dump ,real selling pressure.
Current bounce has weaker volume , relief rally for now, not confirmed reversal.
Scenarios
Bullish Case:
Hold 0.64 and reclaim 0.67 - targets 0.70 - 0.72
Bearish Case:
Reject 0.67 and lose 0.63 - targets 0.60 - 0.58
⚠️ Bias
Short-term: Neutral / bounce attempt
Overall: Bearish until 0.68–0.70 is reclaimed
High volatility. Manage risk.