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#晒出我的持仓收益#Key Points
PIPPIN's recent technical outlook has clearly weakened, with multiple indicators showing bearish signals. Currently, there is a certain short-selling logic, but risk must be strictly controlled.
Key Data
Current Price: 0.31 USDT, down -2.5% in 24 hours, daily decline of -6.00%
RSI(14): Dropped to 26-27 on both 15-minute and 1-hour charts, in the oversold zone
MACD: 15-minute timeframe shows a death cross, momentum weakening; moving averages are in a bearish alignment
Trading Volume: Price and volume are both declining, short-term selling pressure is strong
Professional Analysis
1. From a technical perspective, PIPPIN continues to break below moving averages, which are in a bearish arrangement, indicating a clear downward trend. The MACD death cross suggests increasing downside momentum; short-term volume is also shrinking, indicating heavy market selling pressure.
2. RSI remains in the oversold zone (<30), indicating that short-term selling pressure has been largely released, but this does not mean an immediate rebound. Oversold conditions can persist for some time — a characteristic of a bearish inertia trend.
3. The price has repeatedly touched the lower Bollinger Band, currently near the support level (0.32 USDT). If this support level breaks, further downside correction could increase.
4. Fear and Greed Index: Currently at 42, indicating a "fear" sentiment, with a still strong bearish atmosphere.
Investment Advice
If considering short-selling, focus on the following operational logic:
- Wait for the price to effectively break below the support level (0.32 USDT) to confirm a bearish trend.
- Set stop-loss orders just above the support zone to avoid losses from sudden rebounds.
- Keep initial positions small and adjust dynamically to keep risk manageable.
- Monitor volume changes at all times. If volume increases on the downside, consider appropriate follow-up; if volume shrinks and stabilizes, consider timely profit-taking.
Market sentiment and news can drive rapid changes,
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Risk Advice
The short-term has already become clearly oversold, and a technical rebound could occur at any time. Stop-loss should be set in advance when short-selling.
PIPPIN is a meme coin with high volatility and sudden surges risk.
When trading, strictly control position sizes and avoid emotional follow-ups. $pippin $