$PIPPIN This highly controlled currency experienced a series of negative retracements on the hourly chart yesterday. I wonder how many brothers thought it was going to 'crash' into a waterfall. As a result, the market fell last night, and PIPPIN started to act up, directly pulling out a 'Heavenly Dragon Big V'.
Currently, at this position of PIPPIN (0.231), both bulls and bears are quite awkward. The MACD on the 4-hour level has a golden cross upwards, with expectations of continued volume increase. If it fails to break through the previous high resistance of 0.24 on a second attempt, it is likely to pull back again.
A suggestion from Ah Li: The funding rate for PIPPIN settles once an hour. Wait until the settlement to see the direction clearly. Only consider entering when the direction is clear. For highly controlled currencies like this, it can be strong enough to layout when many people are pushing it, allowing for significant gains, but do not blindly enter chasing orders.
Ah Li will also pay close attention to this currency and will take advantage of suitable opportunities. If you want to follow along, you can message in the chatroom.
$1000LUNC $LUNA2
