The PIPPIN market is simply explosive! All technical indicators are flashing red, and the buy signals are incredibly strong — but here comes the problem, the RSI has already surged into the overbought zone and could take a deep breath at any moment.

First, note down the key price levels:

The short-term target aims for $0.0999, and after breaking through, it will head straight for $0.12.
The current resistance is at the hurdle of $0.067; only if it stabilizes there will there be hope.
The first support level is $0.0588. If it holds here, there is still hope.
Strong support zone at $0.0371, this is the last line of defense.

Risk points that must be noted:
The RSI indicator is already overbought, and a pullback could come at any time, so don't blindly chase the highs. $0.067 is a key watershed level; if it falls below that, be prepared to look for support at $0.058. This coin has huge volatility, so brothers playing with leverage should be cautious and not get liquidated on just one pullback.

Two possible trends:

Continuation of the script: If it holds at 0.067 and the trading volume follows, the next target is 0.08, with a mid-term goal of 0.12 being no problem.

Pullback script: Once it falls below 0.067, first watch if 0.058 can hold, in extreme cases it may retrace to 0.037.

My opinion? You can hold spot positions, but don't go all in. If you want to get in, wait for a pullback opportunity; don't let your emotions drive you to chase the highs. Remember to set your stop-loss; don't let a pullback wipe out all your profits.

How far do you think PIPPIN can go this round? Will there be a direct deep V pullback? Let's discuss in the comments.

Statement: Purely technical analysis discussion, does not constitute any investment advice.

Wishing everyone that the coins in their hands are value investments, and that the ones they sell are perfect tops.