PIPPIN has become one of the strongest players in the AI Agent token market and has seen a strong increase in recent days.
The impressive rise has put the token in the spotlight, with investors now wondering if PIPPIN can extend this momentum.
PIPPIN investors show skepticism
The Chaikin Money Flow (CMF) shows that PIPPIN recently experienced a period of strong inflows. This meant increasing confidence and capital entry into the market.
However, the indicator is now leveling off, indicating a slowing inflow. A drop in new capital could limit PIPPIN’s ability to continue its rally, making an upward move more difficult.
This shift signals that investors are becoming more cautious. Without consistent support for inflows, PIPPIN could struggle to maintain its current momentum.
The AI Agent token is heavily dependent on sentiment-driven spikes, and the declining strength of the CMF 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 heavily bearish structure. A negative funding rate means that most traders open short positions, expecting PIPPIN to fall. This widespread bearish positioning reflects low confidence among derivatives traders.
Such sentiment can dampen price action, as short sellers often amplify downward pressure. Unless market conditions change, this pessimistic attitude could become a major hurdle for PIPPIN and stall any attempt at a long-term rally.
PIPPIN financing rate. Source: CoinglassPIPPIN Price has some barriers to break
PIPPIN is trading at $0.263 and is just above the $0.255 support level. The AI Agent token is still up nearly 42% today and briefly surged 84% intraday, reflecting strong volatility. However, moving up requires strong investor conviction.
Reaching $0.500 requires a rally of almost 90% from current levels. Given the slowing inflow and negative financing interest rates, this can be a difficult objective. Instead, PIPPIN could remain closer to the $0.193 support, with a decline to $0.136 possible if holders start to secure gains.
PIPPIN Price Analysis. Source: TradingViewBut if bullish sentiment returns and new capital flows back into the market, PIPPIN could break past the $0.330 and $0.403 resistance levels. Overcoming these barriers would open the way to $0.500, negating the bearish outlook.
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