Analysis of PIPPIN's Multi-Period K-line: It has touched the short-term pressure and should reduce positions to take profits and avoid increasing positions at this time.

1. Pressure level assessment

1. 15-minute chart: Current price is 0.469214, touching the upper Bollinger band at 0.460260 and reaching a short-term high of 0.471480. This is an effective touch, and the price is within the 15-minute pressure range;

2. 1-hour chart: Price at 0.469436 approaching the upper Bollinger band at 0.456039, also touching the previous minor high of 0.471480, with clear pressure characteristics;

3. 4-hour chart: Price at 0.468700 close to the upper Bollinger band at 0.469919, just one step away from the pressure level, with limited short-term upward space;

4. Daily chart: Although it has not yet touched the upper Bollinger band at 0.494719, the current price has broken the short-term moving average support and is within the high range of the daily level.

In summary, PIPPIN has touched the important short-term pressure levels on the 15-minute / 1-hour charts, and the 4-hour chart is also approaching pressure. The momentum continues to increase but will be significantly weakened.