Analysis of multi-period K-line of PIPPIN: It has reached short term pressure and should reduce position to take profit and not increase the position at this time.

1. Evaluate pressure level sensing

1. 15-minute chart: The current price is 0.469214, the upper Bollinger band is 0.460260 and the short term high is 0.471480, this is an effective touch and the price has been under 15-minute pressure range;
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2. 1-hour chart: The price 0.469436 approaches the upper Bollinger band at 0.456039, simultaneously touching the previous minor high at 0.471480, and the pressure level characteristics are clear;
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3. 4-hour chart: The price 0.468700 is close to the upper Bollinger band at 0.469919, just a step away from the pressure level and the short term increase space is limited;
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4. Daily line: Although it has not touched the upper Bollinger band at 0.494719, the current price has broken through the short-term moving average support level and is within the high range of the daily level.

In summary, PIPPIN has reached an important short term pressure level of 15 minutes / 1 hour and the 4 hour line is also approaching pressure and the momentum continues to increase will be significantly reduced.