Looking at PIPPIN's buy the dip yesterday, it was very smooth. With the oversold support and the strategy of capital allocation, as soon as I took action, the market gave a nice rebound. The situation is now clear—long positions trend is being strengthened step by step.
From a technical perspective, the price is surging along the short-term moving averages, and both the 15-minute and 1-hour charts show a pattern of "volume breakout + new highs," which has a good rhythm. The funding aspect is even more interesting: the open interest has soared, and the long positions' profit ratio has also increased, indicating that smart money is continuously adding positions to go long.
This situation is essentially a confirmation between "technical breakthrough" and "capital consensus", pushing yesterday's buy the dip logic up another level. The subsequent thought process is also clear—continue to go long at the short-term moving averages and wait for the trend to extend further. The target is set near the previous key resistance level, with the stop-loss positioned at the recent pullback low. In other words, it means following the main upward wave driven by this wave of capital, turning the clues left by yesterday's buy the dip into real profits as the trend continues.
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NFT_Therapy
· 12-23 11:48
Are those who didn't enter a position yesterday regretting it now, haha
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Smart money is increasing the position, this time feels a bit different
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If the moving average supports, it's stable, but I'm afraid it might get dumped suddenly
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The increase in the proportion of long positions indicates that retail investors are still catching a falling knife
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Looking for a rebound in the short term, but don't be greedy everyone
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The term capital consensus sounds nice, but in reality, isn't it just gambling on luck
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Open interest skyrocketing, is this the prelude to the main rise?
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Real money? Let's survive first, brother
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Yesterday's foreshadowing is blooming today, just see how long it can last
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Stop loss cards are crucial for positioning, many people crash at this step
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Buying the dip was smooth, that was yesterday's business, whether it's still smooth now, let's wait and see
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MeaninglessApe
· 12-23 11:32
I didn't enter a position yesterday, and now watching it rise is a bit uncomfortable.
Looking at PIPPIN's buy the dip yesterday, it was very smooth. With the oversold support and the strategy of capital allocation, as soon as I took action, the market gave a nice rebound. The situation is now clear—long positions trend is being strengthened step by step.
From a technical perspective, the price is surging along the short-term moving averages, and both the 15-minute and 1-hour charts show a pattern of "volume breakout + new highs," which has a good rhythm. The funding aspect is even more interesting: the open interest has soared, and the long positions' profit ratio has also increased, indicating that smart money is continuously adding positions to go long.
This situation is essentially a confirmation between "technical breakthrough" and "capital consensus", pushing yesterday's buy the dip logic up another level. The subsequent thought process is also clear—continue to go long at the short-term moving averages and wait for the trend to extend further. The target is set near the previous key resistance level, with the stop-loss positioned at the recent pullback low. In other words, it means following the main upward wave driven by this wave of capital, turning the clues left by yesterday's buy the dip into real profits as the trend continues.