The post PIPPIN Memecoin Rebounds 20% on Futures Demand, May Target $0.5 Resistance appeared on BitcoinEthereumNews.com.

The PIPPIN memecoin rebounded strongly after dipping below the $0.4 support zone, surging 20.27% to $0.48 due to renewed buyer interest in futures and spot markets. Open interest rose 24.29% to $150.73 million, signaling sustained demand and potential for further gains if momentum holds. PIPPIN memecoin rebound driven by futures inflows: Netflow surged 136.74% to $3.09 million as buyers added positions. Spot market liquidity dipped, but buy volume dominated at 98%, with buyers defending the $0.4 level effectively. Technical indicators show bullish crossovers: RSI at 72 and Stochastic RSI at 51, indicating strong upward momentum. Discover the PIPPIN memecoin rebound details, from futures surge to spot defense, and why it could target $0.5 next. Stay updated on crypto trends—explore more insights today. What Caused the PIPPIN Memecoin Rebound? PIPPIN memecoin rebound was primarily triggered by aggressive buying in both futures and spot markets after the token fell below its key $0.4 to $0.34 supply zone. Traders capitalized on the dip, leading to a 20.27% price increase to a local high of $0.48 before a slight pullback to $0.451. This recovery also boosted the market capitalization from a low of $308 million to $443 million, adding over $100 million in value. How Did Futures Market Activity Fuel the PIPPIN Surge? Once PIPPIN breached the $0.4 support, futures traders quickly accumulated positions, driving a significant uptick in market participation. According to CoinGlass data, open interest for PIPPIN climbed 24.29% to $150.73 million, reflecting heightened investor confidence despite a 16% drop in derivatives volume to $551 million. This divergence points to long-term holders expanding their stakes with minimal short-selling pressure. Source: CoinGlass New long positions outnumbered shorts, with $168.44 million in futures inflows slightly edging out $165.35 million in sell volume. Consequently, the futures netflow jumped 136.74% to $3.09 million, underscoring clear buyer…

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Filed under: News - @ December 21, 2025 10:13 pm