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Pippin (PIPPIN) becomes the focus of attention as it leads the weekly decline with a drop of 10%. More notably, this has been a highly volatile trading week for PIPPIN: the opening price was quite positive but ended in the red, clearly reflecting intense market indecision.
On the daily timeframe, PIPPIN remains "stuck" in a tense dispute between buyers and sellers. The trading week started with a sharp 15% decline immediately after the price broke above the resistance level of $0.50. However, a strong recovery of 28% just one day later showed that buying interest still exists and is ready to enter the market.
Nevertheless, the upward momentum quickly weakened. The next two days saw PIPPIN increase by another 11%, bringing the total weekly gain to about 20%. However, the week closed with a -10% change, indicating a significant sell-off at the end of the week, reflecting that selling pressure still dominates.
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