PIPPIN has emerged as one of the strongest performers in the AI Agent token market, rising sharply over the past few days.
The impressive rally has catapulted the token into the spotlight, with investors now wondering if PIPPIN can extend this momentum.
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PIPPIN investors show skepticism
Chaikin Funds Flow (CMF) shows that PIPPIN has recently enjoyed a period of strong inflows. This indicates high confidence and capital entry into the market.
However, the index is now stable, indicating a slowdown in inflows. It can limit the decline in new capital PIPPIN’s ability to continue as a going concern Its rise, making upward movement more difficult.
This shift indicates that investors are becoming more cautious. Without consistent support for flows, PIPPIN may struggle to maintain its current momentum.
The AI Agent token relies heavily on sentiment-driven increases, and a decline in CMF strength could prevent the token from rising further in the near term.
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The broader outlook is complicated by the financing rate, which shows a sharply falling structure. A negative funding rate means that most traders open short positions, anticipating a decline in the PIPPIN index. This broadly bearish situation reflects declining confidence among derivatives traders.
Such sentiments can weigh on price action, as short sellers often accelerate downward pressure. unless Market conditions have reversed, This pessimistic attitude could become a major obstacle for PIPPIN and derail any attempt to rise in the long term.
PIPPIN price has some obstacles to breakout
PIPPIN is trading at $0.263, holding just above the $0.255 support level. The AI Agent token is still up nearly 42% today and briefly saw an 84% rally on the day, reflecting strong volatility. However, a breakout to the upside will require strong conviction from investors.
Reaching $0.500 would require a roughly 90% rally from current levels. grant Slowing down of inflows With a negative funding rate, this goal may be difficult. Alternatively, PIPPIN price could remain closer to the $0.193 support level, with a potential decline towards $0.136 if coin holders start locking in profits.
But if bullish sentiment returns and new capital flows back into the market, Pippen could break It crossed the $0.330 and $0.403 resistance levels. Crossing these barriers would open the way towards $0.500, invalidating the bearish outlook.
