PIPPIN's Price Decline: Long-Term Holders Accumulate Amid Volatility

PIPPIN's price has experienced a significant drop, falling 40% from its all-time high following a volatile breakout. According to NS3.AI, this decline has resulted in losses for recent buyers. Despite the downturn, long-term holders are continuing to accumulate the token. Momentum indicators currently suggest that PIPPIN is overbought and may be susceptible to further declines. The token is approaching a critical support zone at $0.449, with the potential for a deeper drop to $0.372 if selling pressure increases.