Good to see Pippin breaking down. | Jeong Young il on Binance Square

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Bearish

Good to see Pippin breaking down.  

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PIPPINUSDT

Perp

0.46361

+31.39%

0

0

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Then you mean, price will go up or down?

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$PIPPIN Liquidity was always locked. With 2% tradable, the price is easily pumped. The 98% lock is meaningless; it just makes the market weak to manipulation and rug pulls."

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Liquidity was always locked. With 2% tradable, the price is easily pumped. The 98% lock is meaningless; it just makes the market weak to manipulation and rug pulls."

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Warning! The trading volume of PIPPIN is decreasing while the price continues to rise. Ask your AI that what does this pattern indicate? My gemini tell me: (Easy English version) The price of PIPPIN is going up, but fewer people are buying it right now. In the world of trading, we say "volume confirms the price," which means a healthy price rise needs many buyers to support it. However, the chart shows that the trading volume is actually dropping, which is a big warning sign called a "bearish divergence." It is like a car trying to drive uphill while running out of gas; the car might still move forward for a moment because of its speed, but it will soon stop or slide back down. Because there are not enough new buyers to keep the price high, there is a high chance that the price will drop suddenly and return to a lower level very soon. (End of easy English) The current technical setup for PIPPIN/USDT on the 1-hour chart exhibits a classic case of bearish volume divergence, a phenomenon where the asset's price continues to reach higher peaks while the corresponding trading volume shows a consistent decline. From the perspective of quantitative finance and market microstructure, volume serves as the fuel for price action; therefore, an upward trend lacking supportive volume indicates a significant loss of momentum and suggests that the move is driven by a thinning order book rather than robust buying pressure. This exhaustion pattern often precedes a sharp mean reversion or a trend reversal, as the lack of liquidity on the bid side makes the price highly vulnerable to even a moderate increase in selling pressure. Furthermore, the widening disparity between the spot price and the key moving averages, specifically the MA(7) and MA(25), suggests an overextended market condition that historically requires a corrective phase to re-establish a healthy trend baseline.

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$PIPPIN This chart shows a typical "parabolic" jump followed by high volatility. Prices are now facing both peak signals and pressure to drop after a strong rally. Based on 20 years of experience and global market data, the most important things to watch are the huge jump in trading volume and the long "tails" on the candles. To be brief, this is a risky area. Instead of moving higher, the price will likely move sideways or drop sharply after hitting a "Blow-off Top." We need to see the volume drop and the price get closer to its moving average before any new moves happen. Looking closely at the chart, the rally started in late November and moved even faster in December. This exponential jump happens when people get too greedy. The long "tail" on top of the candle near 0.50490 shows that many people started selling. Because trading volume was at a record high there, big players might have been offloading their shares. Now, the price is trying to stay above the moving average, but since the volume is dropping during bounces, the buying power is getting weak. There are three possible futures. First, "Sideways Movement." The price stays between $0.35 and $0.45 to wait for the moving averages to catch up. We need to see very low volume here before a new jump. Second, the "Head and Shoulders." If the price fails to break $0.50 again, it might form a pattern that leads to a long-term drop. Third, "Panic Selling." If the main support line breaks, the price could crash by more than 50%. Managing your risk is the most important thing right now.

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