PIPPIN is showing a bullish trend as it remains above key exponential moving averages (EMAs), driven by significant whale activity. The asset's price is supported by dip buyers and increasing open interest, with long positions prevailing in the order book. A critical support level at $0.414 is being defended, which could enable PIPPIN to test the resistance range of $0.510 to $0.531. Whale movements continue to play a crucial role in determining the asset's short-term direction.