$PIPPIN Current price around 0.17, directly enter to short.
From the news perspective: currently more than half (55%) of market participants are shorting. Under this overwhelming bearish atmosphere, it is extremely difficult for the price to rise.
From the technical perspective: the market has been firmly pressed down by the moving averages, with MA20 and MA60 acting as two "roller tracks," making it nearly impossible for the price to climb. The volume shrank that much during the decline, indicating that there are hardly any buyers stepping in, and the bulls have already given up.
First target is 0.159, second target is 0.149.
Set your stop loss properly! #PIPPIN #比特币VS代币化黄金 #美国宏观经济数据上链
