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Hey guys, the PIPPIN coin is currently undergoing a strong correction (down approximately 60% from its recent peak). Before making a decision to "sell at a loss" or "enter strongly", you need to focus on these points:
1️⃣ Why the continuous decline?
The outflow of liquidity from futures exchanges (like OKX) has led to significant selling pressure, in addition to the dominance of "whales" and early investors holding large amounts of supply, making the price very sensitive to any selling.
2️⃣ Levels to watch (support and resistance):
- Golden support area: between $0.30 and $0.33. If the price holds above it, we may see a strong rebound.
- Resistance area: We need to close above $0.40 to regain upward momentum.
3️⃣ Golden advice for traders:
- Do not put your entire portfolio into a single meme coin.
- If you are an investor, watch the movement of Solana (SOL); because "Pippin" often follows it.
- Wait for a price stability signal (Sideways) before considering adding.
💡 Discussion question: Do you think Pippin will return to the peak of $0.80 soon, or has its time ended? Share your predictions with us! 👇
