Family, who understands! $PIPPIN's wave of 'first decline then rise' really made me laugh. Just a few days ago it was down, and then it suddenly surged up. Many brothers chased high and ended up halfway up the mountain, and I could hear their regrets through the screen! Today, no beating around the bush, I will directly lay out the core logic of this drop then rise, along with my hidden entry reference points for you all; even beginners can understand!
Let’s first review this wave of movement. Those who understand know how 'smooth' this rebound is: during the previous small adjustment, when it fell to a certain key price level, it was as stable as if it were welded to the floor! I was watching the market and told the students around me, 'The opportunity has come.' Sure enough, a large wave of smart money seized the moment to enter, directly suppressing the selling momentum of the bears, and the situation reversed in an instant.
The subsequent trend has been exceptional: the price steadily increases every day, with each low being higher than the last, and the K-line shows a continuous upward trend. Anyone with a discerning eye can see that the bears have little strength left to stir things up, and the initiative has completely shifted to the bulls. This isn't a random surge; it's a healthy rebound supported by capital, which is crucial to avoid mistaking a rebound for a reversal and falling into a trap!
The useful information is here! No need to guess the positions, just focus on these two key areas, and I'll make it clear:
The first support range is 0.40-0.42, which is the 'stabilizing force' of the current market! As long as the price does not effectively drop below this range, the upward momentum can continue, so there's no need to panic and leave; the second is the resistance level at 0.50, which is a hurdle. If it can steadily hold above this price, there is a high probability that a stronger upward trend will start, otherwise, there may be a pullback.
Finally, let me say something heartfelt, which I emphasize to my students every day: Don't rush in just because you see a price increase; it's easy to end up holding a high position! In investing, mindset is more important than the price levels. Risk control must be done well; it's better to earn a little less than to lose your principal. Steadily follow the rhythm to ensure that the money you earn is truly in your pocket.
I have already set up real-time tracking alerts for $PIPPIN. If there are changes in support or resistance levels, or if there are entry or exit signals, they will be synchronized in the fan group at the first moment. For those who haven't joined the group yet, please follow @帝王说币 #加密市场观察 $BTC
