🚨 $PIPPIN – AFTER A +38% RISE, IT'S CURRENTLY HOLDING THE UPPER BOLLINGER BOUNDARY, RISK OF A DRAWN-OFF FOR SHORT-TOP PLAYERS ⚒️
🎯 TRADING PLAN – SHORT $PIPPIN
• Entry 1: 0.36 – 0.38 (slightly touching/breaking above the upper Bollinger Band on the 1H chart)
• Entry 2 (greedy): 0.39 – 0.40 if pulled up further but the candle has a long wick and closes in the red
• SL: 0.415 (a safe distance above the 0.3966 peak)
• TP1: 0.34 (current price + close to MA/mid Bollinger Band)
• TP2: 0.31 – 0.30 (near the lower Bollinger Band)
• TP3: 0.27 (base before the pump) (strong)
Best conditions: price retest 0.37–0.39, creating a 1H/4H candle with a long upper wick, closing below 0.36 → then shorting is the "right strategy", avoid shorting when the price is still climbing straight up.
📊 TREND ANALYSIS – REASONS FOR PRIORITIZING SHORTING
1H timeframe
• Price just surged from ~0.16 to nearly 0.40, currently fluctuating around 0.35, closely following the upper Bollinger band → a classic pattern after a parabolic pump.
• RSI(12) ~63–65: no longer extremely overbought, but has shifted heavily towards the buying side → room for a correction to the middle of the Bollinger band.
• The 1H MACD has curved downwards, and the histogram is starting to turn slightly negative → the upward momentum has passed its peak, and FOMO buying pressure is gradually weakening.
• Volume at the peak is no longer as explosive as at the bottom of a wave → a sign of "gradual selling at high levels," no longer a consolidation phase.
CONCLUSION
$PIPPIN is in the "post-pump" phase: price is holding the upper boundary, MACD is cooling down, RSI is high but no longer explosive, and volume at the peak is no longer explosive. This is the zone where big players often gradually dump their holdings to FOMO (fear of missing out) buyers, and also where disciplined short sellers begin to look for entry points.
