📊 #PIPPIN/USDT (1D) Update
$PIPPIN is currently trading within a descending channel, as observed on the 1-day chart.
🔻 Channel Support: 0.28 – 0.30
A strong bounce has been observed from this support level, indicating potential buyer interest.
🔺 Channel Resistance: 0.50 – 0.52
This range represents a critical resistance area that price is currently interacting with.
📈 Bullish Scenario:
A break and sustained close above 0.52 would signal a potential trend reversal, leading to upside continuation.
➡️ Bearish Scenario:
Rejection from the channel resistance could lead to a pullback, potentially retesting lower support levels.
#PIPPIN #Crypto
#TradingSignal