PIPPIN collapse signal has been confirmed! 0.026 is just a relay position, the real drop may come later!

Current Price: 0.02645

PIPPIN’s recent movement can be described as a typical “emotionally driven decline.” From the high of 0.0335, it has been oscillating downward, and by the evening of April 12, it accelerated into a sharp plunge. The market has completely shifted from “speculating on a rise” to “capital fleeing.”

The core question now is not whether it will go up or down, but:

Has this wave of decline ended?

Let’s analyze the multi-timeframe structure directly.

1. Daily Chart: Trend Has Turned Bearish, Structure Begins to Break

The daily chart is very critical:

Highs have gradually shifted downward from 0.0335 Every rebound has been suppressed (a typical weak trend) The latest large bearish candle directly broke through the previous consolidation platform

This indicates:

👉 The upward trend has ended 👉 Officially entering a “downtrend cycle”

Key levels:

Support: 0.025 / 0.023 Resistance: 0.028 / 0.030

As long as the price stays below 0.028, the daily chart remains a classic bearish structure.

2. Four-Hour Chart: Accelerated Decline, Bearish Dominance

The four-hour trend is the core of this move:

Continuous bearish candles with almost no meaningful rebounds A “waterfall sell-off” (a typical capitulation) Lows keep shifting downward from 0.029 → 0.027 → 0.025

Important signals:

👉 The decline is with increased volume 👉 The rebounds are with decreased volume

This suggests:

The market is actively selling, not just a passive correction

Conclusion:

👉 The four-hour timeframe is in a “trend-based downtrend” 👉 There are no signs of a bottoming structure at the moment

3. One-Hour Chart: Weak Consolidation, Essentially a Downtrend Pause

Short-term details are very clear:

After hitting a low of 0.02529, a small rebound occurred Currently consolidating around 0.026 But the rebound lacks continuity and cannot break through 0.027

This indicates:

👉 The main players have no desire to buy the dip 👉 It’s just a “pause after decline” for now

Key trigger points:

Breaking below 0.026 → test 0.025 again Breaking below 0.025 → open a new downward wave (target 0.023)

Overall judgment (core logic):

The current state of PIPPIN is very clear:

👉 Daily: trend has turned bearish 👉 Four-hour: accelerating decline 👉 One-hour: weak consolidation

To sum up in one sentence:

This is not a correction; it’s a trend-based decline.

Trading recommendations (just the conclusion):

1. Short-selling strategy (main approach)

Sell in batches within the 0.0268 - 0.0275 range Stop-loss: above 0.028 Targets: 0.025 → 0.023

Trade with the trend, avoid bottom-fishing against the trend.

2. Long-position strategy (strictly limited)

Only consider if:

👉 Volume recovers above 0.028 and stabilizes

Otherwise:

❌ Do not bottom-fish ❌ Do not catch falling knives

3. Risk management focus

Small altcoins are highly volatile; keep positions light Currently in a “liquidity capitulation phase” Once support breaks, the decline will accelerate rapidly