🚀 PIPPIN Soars 46% – Will It Finally Stop Being a Crypto Rollercoaster? 🎢

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In a twist of events so rare it’s practically a crypto miracle, PIPPIN recently decided to stop wallowing in the correction phase like a pig in mud and instead shot up 46% in 24 hours. Meanwhile, other memecoins were busy doing their usual impression of a sinking ship. 🚢

But here’s the catch: PIPPIN’s still wearing its bullish outfit from November like a kid who refuses to outgrow their favorite T-shirt. Will it finally reclaim that trendline, or is it just another false alarm? 🤷♂️

PIPPIN: The Trendline That Can’t Decide

PIPPIN’s price action looks like a toddler trying to walk-wobbly and full of false starts. It lost its ascending trendline support faster than a politician loses promises after an election. Now, it’s attempting to reclaim it, but the bulls are about as motivated as a sloth on a Monday morning. 🐌

The MACD indicator was green, which in crypto terms means “something mildly exciting is happening, but don’t get your hopes up.” Momentum? A measly 0.17. If this were a superhero movie, it’d be the sidekick who trips over their own cape. 🦸♂️

Reclaiming the trendline could send PIPPIN to $0.76-a peak so lofty it might need oxygen tanks. But if it fails, the coin will pivot to “bear market” mode, which is crypto’s favorite excuse for everything. 🐻

Let’s not forget why this rally happened in the first place. Spoiler: It’s not because of some groundbreaking innovation. 🙄

Why Did PIPPIN Rally? Short Squeezes and Liquidation Fireworks 🎆

PIPPIN’s surge was fueled by short liquidations so massive they’d make a vampire squid blush. Shorts lost over $1.50 million-3x what longs lost. Coinglass says it’s like watching a bull run through a china shop, except the bull is made of dynamite. 💣

Binance Futures led the charge with $459 million in volume. The other exchanges? They’re just here for the snacks. 🍿

Top 100 wallets hoarded 811 million PIPPIN-1.1% in a day. Nansen AI probably spit out its coffee when it saw that. Meanwhile, shorts are building a new nest between $0.42 and $0.45. Classic. 🕷️

Longs are lurking below $0.40, eyeing liquidity clusters like a vulture circles a dying cactus. If PIPPIN fails, $0.31-$0.35 is the safety net. Or not. This is crypto, after all. 🪂

Futures vs. Spot: A Tale of Two Markets 🎭

Futures are optimistic; Spot is grumpy. It’s like dating someone who texts “I love you” but then ghosts you. PIPPIN’s future hinges on that support level. If it breaks, the bulls can throw a party. If it doesn’t… well, see ya in the dumps. 🎉

Final Thoughts (Because You Probably Skipped to the End Anyway)

  • PIPPIN surged 46% thanks to mass short liquidations, volume fireworks, and whales hoarding tokens like a dragon with gold. 🐉
  • Break the trendline? Bulls party. Fail? Bears take over. It’s crypto’s version of flipping a coin. 🪙

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2026-01-09 23:08