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$PIPPIN
shows strong bearish momentum after rejecting near 0.7057. Price has dropped sharply to 0.6239, down over 17%, with multiple large red candles confirming aggressive selling. It is trading well below MA5, MA10, and MA30, indicating short-term trend reversal to the downside. Volume increased during the selloff, supporting bearish continuation. MACD is negative with expanding red histogram bars, signaling sustained downward pressure. Immediate support sits around 0.6000–0.5940. If this zone breaks, further decline is possible. Any recovery may face resistance near 0.6550–0.6650. Overall bias remains bearish unless strong bullish volume appears.