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$PIPPIN Don't be fooled by that little rebound from the project team. The situation is already very clear—the bears have completely taken control of the market. The upcoming trend will be a classic downward channel: each new high on the daily chart will be lower than the last, and the lows will keep getting lower as well.
At this rate, it's highly likely that the price will only stabilize around 0.05, and it might linger at that level for a while. I've seen this kind of trend many times—just be patient and wait for a bottom signal.