PIPPIN's reversal signal has been established, and this is not just a simple rebound.



Looking at the daily chart, a clear W bottom pattern has already formed—two lows landing precisely on the same support level. The right bottom shows decreasing volume and stabilization, followed by a large bullish candle that engulfs the previous bearish candle, a classic bullish engulfing reversal. More importantly, at the moment of breaking the neckline, trading volume surged by over 50%, fully in line with the technical rule of "decreasing volume at the bottom, increasing volume upon breakout." Signs of large capital entering are already very obvious.

Multiple technical indicators are sending the same signal. After forming a golden cross below the 0 axis, MACD continues to expand, with the green histogram disappearing and the red histogram gradually enlarging; the 50-day moving average just crosses above the 200-day moving average, indicating a short-term bullish alignment. Institutional holdings are quietly increasing, and positions are expanding in tandem—seems like the main players have completed their accumulation and are preparing to push higher.

Currently, the 0.48 price level is a good entry point. Set your stop-loss below the right bottom at 0.34; if this level is broken, it indicates the reversal logic is invalid, and you should exit decisively. Once the reversal starts, the rally of the control coin often happens quickly. The first target is above the neckline, at the equal space of 0.6; if broken, it will likely surge toward the previous high of 0.76. Don't wait to chase the high.
PIPPIN1,62%
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StakeHouseDirectorvip
· 01-06 09:35
W bottom + decreasing volume + increasing volume, this combination indeed has some substance, but to be honest, I want to see if 0.48 can really hold steady. There are too many visually appealing patterns on paper, so let's wait and see.
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SelfCustodyIssuesvip
· 01-04 08:18
After such a long push, is it finally going to pull back? If you enter at 0.48, you'll need to see if you can hold 0.6. Once it breaks, just run.
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BlockchainFoodievip
· 01-04 05:54
yo the W-bottom setup here is giving me major proof-of-freshness vibes... like watching a sourdough starter finally activate after proper fermentation cycles, u know? volume explosion at breakout = the yeast finally waking up fr fr
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IronHeadMinervip
· 01-03 14:51
Wow, W bottom + bullish engulfing pattern, this rhythm is indeed a bit different... but I still want to look at two more candlesticks before making a move.
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GasFeeBeggarvip
· 01-03 14:51
Wait a minute, if W bottom is so standard, why are institutions still slowly building positions? They should have already surged...
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LonelyAnchormanvip
· 01-03 14:50
This is another W-bottom story. Every time they talk about the ironclad rule, but they also get slapped in the face pretty quickly... However, PIPPIN's recent volume does have some substance.
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liquidation_watchervip
· 01-03 14:50
Wait a minute, W bottom + bullish engulfing + volume surge... How many times has this combination been used? Every time they say "this time is different," but what’s the result?
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MergeConflictvip
· 01-03 14:48
You're trying to fool me into entering the market again, huh? Last time, the signal was perfect, and I lost half a month's salary.
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MetaMaskVictimvip
· 01-03 14:25
It's another W bottom and a MACD golden cross, giving me a headache... I said the same thing last time, and what was the result?
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