PIPPIN Rallies 20% on Strong Futures Inflows; Eyes $0.50 Resistance

Published: 2025-12-21 22:33:22 |

PIPPIN memecoin jumped 20.27% from below $0.40 to a local high of $0.48 after aggressive buying across futures and spot markets. Futures open interest rose about 24.3% to $150.73m and net futures inflow surged 136.7% to $3.09m, signalling buyer dominance. Derivatives volume fell 16% to $551m while futures inflows slightly exceeded sell flows ($168.44m vs $165.35m). On spot, 24‑hour volume and liquidity dropped (≈$3m vs 14‑day MA $24.64m), but buy-side trades accounted for roughly 98% of spot activity (≈811k buy vs 70k sell). Market cap recovered from about $308m to $443m. Technical indicators turned bullish: RSI ~72 and Stochastic RSI crossing bullish at ~51. Traders should watch $0.50 as the next resistance and $0.40 as key support — continued accumulation and rising open interest could push PIPPIN to new highs, while profit‑taking or renewed sell pressure may trigger a pullback toward the $0.40 zone. Key SEO keywords: PIPPIN, memecoin, futures inflows, open interest, RSI, spot buy dominance.

Bullish

The combined data points indicate a bullish short-term outlook for PIPPIN. Large increases in futures open interest (+24%) and a substantial jump in net futures inflow (+136.7%) show institutional or leveraged buyers increasing exposure — a common driver of fast upward price moves. Spot buy dominance (≈98% of trades) and recovering market cap reinforce price support during the rally. Momentum indicators (RSI ~72, Stochastic RSI ~51) confirm bullish momentum but also warn of overbought conditions that can prompt profit‑taking. Lower spot liquidity and a much smaller 24‑hour volume compared with the 14‑day average increase volatility risk: with thin liquidity, large sells can cause sharper pullbacks. For traders, the immediate bias is bullish: continuation and fresh longs could push PIPPIN toward $0.50 and beyond if open interest keeps rising. Conversely, watch for signs of distribution or declining futures netflow — these would favour short-term corrections back to the $0.40 support. Overall, the news points to a near-term bullish price impact for PIPPIN, with elevated volatility and risk of rapid reversals if liquidity remains thin.