$PIPPIN Current Price: $0.17312

Direction: Bearish

Reasons:

1. Suspected large-scale reduction by major holders, risk level rising, 24H decline of -1.43%, bearish momentum gradually being released, initial signs of a downtrend.

2. 1-hour MACD (9,26) death cross heading downward, bearish momentum bars continue to expand, clear weakness below the zero axis.

3. RSI(14) is at 45, a neutral-to-bearish range, showing a downward turn, weak bullish support, no rebound signal.

4. Price broke below the MA20 support line, with volume shrinking in the context of major holders reducing positions, increasing risk of decline due to price-volume divergence.

Support Levels:

1. $0.1680 (recent consolidation low)

2. $0.1630 (Fibonacci 0.618 support)

Resistance Levels:

1. $0.1785 (24H high)

2. $0.1820 (MA30 resistance)

Suggested Take Profit: $0.1680, Stop Loss: $0.1785