PIPPIN has returned to trader focus after a sharp recovery on the four-hour chart signaled a clear shift in short-term momentum. The token posted a strong impulsive move, with price climbing more than 13% in a single session.
This advance marked a notable change in structure, as PIPPIN pushed back above key technical levels that had capped price action for weeks. Consequently, market participants now assess whether this rebound can develop into a broader continuation move.
The recent rally carried PIPPIN above the $0.335 to $0.350 zone, an area that previously restricted upside progress. This breakout altered the near-term bias and placed price above important moving averages.
Besides improving momentum, this move suggested buyers now defend higher levels with greater confidence. Holding above $0.33 keeps the bullish structure intact and reduces the risk of an immediate reversal.
PIPPIN Price Dynamics (Source: Trading View)
Additionally, price reclaimed the mid-range of its volatility bands, which often reflects improving trend conditions. DMI readings support this view, as positive directional strength now exceeds negative pressure.
Moreover, a rising ADX reading points to growing trend strength rather than a short-lived bounce. Hence, technical signals align in favor of further upside if buyers maintain control.
On the upside, traders monitor resistance near $0.39, followed by a tighter cluster between $0.42 and $0.43. A decisive move through this area could unlock higher targets around $0.49 to $0.55. These levels align with earlier swing highs and upper volatility ranges. Consequently, a breakout there may attract fresh momentum participation.
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However, downside risks remain present. Initial support rests near $0.33, followed by $0.30. A retracement toward $0.27 or $0.28 would still fit within a healthy pullback. However, losing that zone would weaken the bullish setup and shift focus back to range conditions.
Source:
Coinglass
Open interest trends provide additional insight into current positioning. For much of mid-2025, open interest stayed flat, reflecting limited speculative interest.
Significantly, activity surged in late November and peaked above $200 million as leverage expanded alongside price. Since then, open interest has cooled but remains elevated near $100 million. This pattern suggests partial deleveraging rather than a full reset.
On-chain flows also provide insight into recent positioning. According to Nansen data, PIPPIN led Solana-based meme assets with $2 million in net whale inflows over 24 hours. Additionally, other tokens saw selective accumulation rather than broad risk appetite.
Key levels remain well-defined as PIPPIN trades within a newly established short-term bullish structure.
Upside levels to monitor include $0.39 as the first hurdle, followed by the $0.42–$0.43 resistance cluster. A confirmed breakout above this zone could extend price toward $0.49 and $0.55, aligning with prior swing highs and expanded volatility bands.
On the downside, immediate support sits at $0.33, which marks the former breakout zone. Holding this level keeps the bullish bias intact. Below that, $0.30 acts as secondary support, while a deeper pullback toward $0.27–$0.28 would still fit a healthy retracement. Losing this lower band would weaken the structure and raise downside risk.
The technical picture suggests PIPPIN is transitioning from consolidation into trend continuation. Momentum indicators favor buyers, with trend strength improving as price holds above key averages.
The near-term trajectory depends on whether buyers defend $0.33 and generate enough follow-through to challenge $0.42–$0.43. Sustained inflows and stable open interest point toward controlled positioning rather than exhaustion.
However, failure to hold $0.33 could delay upside attempts and expose lower supports. For now, PIPPIN remains at a pivotal zone, where confirmation will define the next leg.
