$PIPPIN : Crazy Multitude and High Position Buying
$PIPPIN rose from 0.02 to 0.41, and the multitude became greedier to the extreme, even daring to buy at the high position of 0.4. A few days ago, it repeatedly attacked around 0.4 but did not break through, now it is consolidating. My personal suggestion is to short, but don't blindly follow the trend.
Opening Position: Use one-fifth of the position to short.
Funding Fee: Keep one-fifth of the funds as a reserve to cope with the consolidation costs.
Emergency: Use the remaining one-third of the position to lower the average price to break even.
Heavy Position: Add to the position after it breaks below 0.28, target 0.21, don't focus on the initial bottom of 0.02.
$PIPPIN $ETH
