$pippin — MARKET STRUCTURE 🟢
LONG $PIPPIN
Entry: $0.35 - $0.373 SL: $0.335 TP1: $0.45 TP2: $0.55
Technical Reason: The price increase is due to the cycle of speculative capital in the meme sector despite weakness in the overall market. PIPPIN stands out as the leading trend token in this category and is exhibiting strong buying momentum. Sustained price action above $0.35 ensures the continuation of the uptrend.
Risk Management: Hourly RSI values above 75 indicate overbought potential and increased volatility risk. A rapid pullback is risked if the weakness in the meme sector cools down; a break below the $0.35 support could invalidate the bullish breakout.
PIPPINUSDT
Perp
0.50711
+16.05%