Our 'favorite' manipulative token $PIPPIN is back in action! After yesterday's sharp drop of 50% in just one hour, it made an incredible comeback, rising from 0.252 to 0.42 (an increase of almost 70%)! 🚀
⚠️ Reminder of reality: Over 70% of tokens are in the hands of a few individuals across many one-day wallets. Pippin is the perfect tool for playing against the crowd! 🛑
🕵️♀️ My story with Pippin:
A few days ago I was waiting for the price of 0.40 for a short, but the coin couldn't reach it with its shadows. 📈
And yesterday she confidently passed 0.40 as if on stairs and moved further, liquidating all short sellers in her path.
I set notifications at 0.45 and 0.50. I ended up missing the point at 0.50... 😭😭😭 That's how I missed that very 'train' that was going on the route 'Mountain — Bottom'! 🎢
Yesterday I jokingly wrote in a post: 'Maybe I should open a long?'. And the price actually went up! But then it immediately knocked out all long holders with a dump of -20% in just two 15-minute candles. 😱
Since I don't take leverage on such coins, I would have survived, but my nerves would be on edge! 🧘♀️
💡 Survival rules:
Shoulders: If you enter such an asset — forget about greed! My maximum — x2, but with Pippin better x1. Otherwise, the deposit will burn faster than you can blink.
Stop-loss: Entering such coins without a stop is suicide. 🛡️
Strategy: I only entered with limit orders when I saw a clear liquidity zone in a sideways market, not a 'sky of stripes'. My result: +14% net profit for 2 trades (without leverage!). ✅
Pippin is a bright example of a coin created to take money from those who are in a hurry. Be careful! 🦁
Who among you managed to make money on this madness? Or did Pippin still 'shave' your deposit? 👇😥
And those who managed to stay in the short yesterday and reached the bottom, taking their +40% profit — be sure to write! We'll at least be happy for you! ☺️🥳
