I am observing an interesting scenario on PIPPIN right now. If resistance holds at 0.74300-0.74800 with clear confirmation of a reversal, then it makes sense to expect a rebound to 0.75367, and possibly further to 0.76345 and 0.77402. But if a downward break below 0.73511 occurs — that changes the whole picture, and we move further down to 0.72920.

Honestly, I am expecting a local reversal upward from the current zone. But you should only enter when there is clear confirmation on lower timeframes — this reduces the risk. This approach works for analyzing any coin, not just PIPPIN. When studying any coin, the principle is the same — look for confirmation before entering.

I don’t take this as financial advice, I’m just sharing what I see on the chart. Good luck with your trading! 🚀