$PIPPIN Today has reached a new high again. Those who shorted are basically trapped.
This meme coin, Lu Jie has been saying not to short lightly, yet many retail investors are afraid of missing the opportunity to short at high points and are continuously entering shorts.
Sometimes, the movements of the market makers can be predicted by observing the changes in contract open interest and funding rates.
It has been continuously hyped for almost a month, and the funding rate has allowed the market makers to profit immensely.
Currently, entering short positions is still not recommended. Do not go against the trend. Even if it’s not the market makers trying to push it up, there are still a lot of FOMO investors entering, and the overall price will still stretch.
Lu Jie has been waiting for the best entry point to notify her fans to short. For this meme coin, a little patience is required, and give the market makers some time to exit.
Lu Jie has been keeping an eye on it. If you want to follow the best operating points, you can pay attention to Lu Jie, specific chat room!!
