Looking at PIPPIN's trend, the red MA144 and MA169 moving averages are very critical. Every time the price touches these moving averages, it tends to fall, but today the situation has changed—after the price broke through the red moving average, it started to retrace, then continued to break through, indicating that the short-term trend is shifting. Next, it should use the red short-term moving average as support and gradually challenge the larger blue long-term moving average.

The MACD also shows a positive signal. The price keeps making new lows, but the DIF does not make new lows simultaneously. This divergence usually indicates that the downward momentum is slowing down or may be ending.

The current price is just at the support level of the red moving average. From a technical perspective, there is still an opportunity. Consider small long positions, as the risk is relatively controllable.