Overall Conclusion
#PIPPIN is currently in a significant technical correction zone, with a bearish capital outlook and weakening momentum. Based on the latest market indicators and macro background, short-selling opportunities still exist in the short term. It is recommended to pay attention to the entry points for short positions when rebounding to the resistance zone, seizing the trend trading during the wave correction phase.
Comprehensive strategy and operational points
2 Short-term Strategy (Trend Following Short)
It is recommended to enter short positions around 0.333 during the rebound zone.
Stop-loss point: 0.343 (exit if resistance is broken).
First target profit-taking: 0.305
If it does not stabilize, the second target can extend to 0.295
1 Medium-term Strategy (Trend Following)
Short positions should be lightly held near the range of 0.326–0.330,
maintaining a position of 30%–40% to prevent rebound risks.
Target area: 0.275, stop-loss control at 0.345
3 Long-term Strategy Return to Zero
In the long run, as long as there is still enthusiasm and trading volume, the market makers will continue to play, but in the long run, the enthusiasm for altcoins is destined to fade. So...
Risk Control
1. Low trading volume may increase slippage, so leverage should be controlled reasonably.
2. Strict stop-loss to prevent market maker manipulation
3. The technical analysis of altcoin declines can easily be manipulated by market makers, and currently, it feels like the trading volume is starting to plateau. However, be cautious of the final dance... You can also place iceberg orders at high positions, but this requires a thicker margin.
