2026-01-05 11:24:11

Observing PIPPIN's recent performance, the situation is indeed not very optimistic. The single-day decline has exceeded 22%, and the price has not stabilized much after dropping, which is a dangerous signal. From a technical perspective, the MACD has already formed a death cross, and the green bars have been continuously appearing, indicating that the bearish momentum is still being released.

In terms of trading volume, the 24-hour trading volume reached $337 million, but this is a downward movement with increased volume, meaning that during the decline, trading volume is expanding. This usually indicates strong selling pressure.

If you want to operate, the approach should be to follow the trend. It is recommended to set a stop-loss at $0.4093, with the first target at $0.3715. If broken, continue to watch $0.3528. Overall, this asset faces significant short-term resistance and should be approached with caution.

PIPPIN1,9%

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ForkMaster

· 01-08 11:19

Volume-driven decline, this is the project team again trying to cut the leeks. I’ve scraped together the milk powder money for my three kids during the bear market. I’ve seen this dead cross pattern before. Wait until around 0.35 to consider sneaking in.

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ReverseTrendSister

· 01-08 10:23

A 22% drop, huh? That must be so devastating... Is this another wave of panic selling?

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StablecoinArbitrageur

· 01-07 04:32

actually, 337m in volume during a 22% dump? that's textbook capitulation signal. order book depth probably got obliterated on the sell side lol

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GoldDiggerDuck

· 01-06 19:51

22%? Damn, it just broke right through, no wonder no one is buying the dip.

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GamefiEscapeArtist

· 01-05 11:53

22% decline... Wow, PIPPIN is heading to the core of the Earth? A stop-loss at 0.4093 still feels too optimistic, huh

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DarkPoolWatcher

· 01-05 11:47

A 22% drop directly broke through, and the death cross has appeared. We need to wait for a better buying point.

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LiquidityHunter

· 01-05 11:44

22% sharp drop, this wave is really fierce, the MACD death cross has already appeared. --- The most annoying thing is a volume-driven decline, indicating that someone is really dumping. --- Stop loss at 0.4093? I think it needs to be moved further down, this position isn't safe enough. --- With a trading volume of 337 million and this decline, the bears are really gaining strength. --- Don't think about a rebound in the short term; following the trend downward is the way to go. --- It feels like PIPPIN hasn't bottomed out yet, let's see how it goes at 0.35. --- The death cross keeps appearing with green bars, this is a typical pre-dip crash before a bottom. --- Setting stop loss is very important, otherwise this kind of market can easily lead to liquidation. --- A decline with a trading volume of 337 million, the selling pressure is indeed significant, being cautious is right. --- It looks uncomfortable, but this is the market, just go with the trend.

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LiquidatedTwice

· 01-05 11:34

A 22% drop just like that? I already fully sold out haha. Just watching the show.

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GateUser-bc8a7dad

· 01-05 11:28

Is it beautiful?

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TrustMeBro

· 01-05 11:25

A 22% drop still hasn't stopped, this thing is a bit risky...