Short strategy
Here's a potential short-term strategy for PIPPINUSDT on Binance:
*Short-Term Strategy*
- *Entry Point*: $0.39100 (buy on dips near this level)
- *Target*: $0.40600
- *Stop-Loss*: $0.38500
*Alternative Strategy*
- *Short*: Entry at rejection confirmation, targeting $0.3386-$0.3452 (unfilled bullish FVG) or $0.3240-$0.3412 (bullish order block demand zone)
- *Stop-Loss*: 4H close above $0.4540
*Key Levels*
- *Support Zone*: $0.30-$0.32 (where dip buyers usually show up)
- *Resistance Zone*: $0.41-$0.42 (where people might start selling)
- *Key Resistance*: $0.4540 (break above this level could trigger a bullish move)
*Market Sentiment*
The market sentiment is mixed, with some analysts predicting a potential upside and others warning of a possible downturn. The RSI is neutral at 46.52, while the MACD indicates a bullish crossover. Volatility remains high, favoring active traders ¹.
Keep in mind that cryptocurrency markets are highly volatile, and it's essential to manage risk and adjust strategies accordingly. Would you like more information on PIPPINUSDT's technical analysis or market predictions ¹ ²?