$PIPPIN Pippin's [PIPPIN] market has shifted from expansion to exhaustion, after rapidly dropping from near $0.80 down to $0.035, clearly indicating a liquidity washout. During this move, volume surged over 44%, suggesting forced exits as speculative momentum waned. As this process unfolded, the price structure weakened throughout March, forming lower highs, reflecting declining demand. Earlier, a similar consolidation pattern was observed around $0.35–$0.40, where the price paused before breaking down sharply. This structure shows that trapped liquidity often accumulates before being forced to move lower. Source: PIPPIN/USDT on TradingView. Now, the same pattern is reappearing around $0.035, with the price compressing after the decline. This occurs because sellers are exhausting their support, while buyers cautiously step in. As of press time, RSI is approaching 27.9, indicating oversold conditions, which suggests selling pressure is beginning to weaken.