PIPPIN's technical indicators have weakened significantly recently, with multiple indicators showing bearish signals. There is indeed a certain short-selling logic in place, but risk control must be strictly maintained.
Key Data
Current Price: 0.31 USDT, with a 24-hour decline of -2.5%, daily timeframe decline of -6.00%
RSI(14): Dropped to 26-27 on both 15-minute and 1-hour timeframes, in a clear oversold zone
MACD: Death cross on 15-minute timeframe, momentum weakening; moving averages in bearish alignment
Trading Volume: Both price and volume declining, strong selling pressure in the short term
Professional Analysis
1. From a technical perspective, PIPPIN continues to break below moving averages, which are displaying bearish alignment, with a clear downward trend. The MACD death cross indicates strengthening downward momentum, short-term volume is also contracting, and market selling pressure is heavy.
2. RSI remains in the oversold zone(<30), indicating that short-term selling pressure has been released significantly, but this does not necessarily mean an immediate rebound. Oversold conditions can sometimes persist—it's actually a characteristic of bearish momentum.
3. Price has touched the lower Bollinger Band multiple times and is currently near the support level(0.32 USDT). If this support is broken, further downside room may increase.
4. Fear and Greed Index: Currently at 42, sentiment is in "fear" territory, with a strong short-selling atmosphere.
Investment Recommendations
If considering a short position, focus on the following operational logic:
Wait for price to effectively break below the support level(0.32USDT)to confirm the bearish trend.
Set stop-loss just above the support zone to avoid enlarged losses from unexpected rebounds.
Initial position size should be relatively small, with dynamic adjustments to ensure risk control.
Monitor volume changes at all times; if bearish volume increases, consider adding to the position; if volume contracts and stabilizes, consider taking profits.
Easily influenced by market sentiment and news factors.
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Risk Warnings
The short-term is already clearly oversold and could experience a technical rebound at any time. Short positions require stop-losses set in advance.
PIPPIN is a Meme coin with high volatility and significant sudden rally risk.
When operating, it is recommended to strictly control position size and avoid emotional copytrading.$pippin $
#晒出我的持仓收益# Key Points
PIPPIN's technical indicators have weakened significantly recently, with multiple indicators showing bearish signals. There is indeed a certain short-selling logic in place, but risk control must be strictly maintained.
Key Data
Current Price: 0.31 USDT, with a 24-hour decline of -2.5%, daily timeframe decline of -6.00%
RSI(14): Dropped to 26-27 on both 15-minute and 1-hour timeframes, in a clear oversold zone
MACD: Death cross on 15-minute timeframe, momentum weakening; moving averages in bearish alignment
Trading Volume: Both price and volume declining, strong selling pressure in the short term
Professional Analysis
1. From a technical perspective, PIPPIN continues to break below moving averages, which are displaying bearish alignment, with a clear downward trend. The MACD death cross indicates strengthening downward momentum, short-term volume is also contracting, and market selling pressure is heavy.
2. RSI remains in the oversold zone(<30), indicating that short-term selling pressure has been released significantly, but this does not necessarily mean an immediate rebound. Oversold conditions can sometimes persist—it's actually a characteristic of bearish momentum.
3. Price has touched the lower Bollinger Band multiple times and is currently near the support level(0.32 USDT). If this support is broken, further downside room may increase.
4. Fear and Greed Index: Currently at 42, sentiment is in "fear" territory, with a strong short-selling atmosphere.
Investment Recommendations
If considering a short position, focus on the following operational logic:
Wait for price to effectively break below the support level(0.32USDT)to confirm the bearish trend.
Set stop-loss just above the support zone to avoid enlarged losses from unexpected rebounds.
Initial position size should be relatively small, with dynamic adjustments to ensure risk control.
Monitor volume changes at all times; if bearish volume increases, consider adding to the position; if volume contracts and stabilizes, consider taking profits.
Easily influenced by market sentiment and news factors.
↓
Risk Warnings
The short-term is already clearly oversold and could experience a technical rebound at any time. Short positions require stop-losses set in advance.
PIPPIN is a Meme coin with high volatility and significant sudden rally risk.
When operating, it is recommended to strictly control position size and avoid emotional copytrading.$pippin $