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PIPPIN crashes from $0.90 to $0.0915 amid long liquidations, then stabilizes signaling possible short-term rebound.

Technical Signals
24 Mar 2026
AMBCrypto
View Source
Bearish
pluang ai news

PIPPIN's price surged from $0.20 to $0.90 driven by speculative hype but then sharply dropped to $0.0915 due to heavy long liquidations and a 40% drop in Open Interest, indicating a liquidity exit and fragile market structure. The price has since stabilized between $0.082 and $0.10 with improving RSI and declining volume, suggesting seller exhaustion and potential for a short-term rebound if resistance at $0.113 is broken. This reflects a shift from aggressive selling to accumulation, but the market remains vulnerable until Open Interest and funding rates normalize.

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