$PIPPIN Testing again at 0.5: Is it a breakthrough or a false breakthrough?
Currently testing the resistance level again near 0.5, the key is whether it can break through and stabilize. If it can withstand the pressure, it may continue to rise; but if it's a false breakthrough, the price may pull back again.
Meanwhile, the neighboring BEAT has already experienced a significant crash, dropping from 4 to 2. However, pippin remains strong. The recent mysterious small K-line has once again added 6 million USDT in margin, indicating a considerable resistance behind the capital.
The probability of stabilizing at 0.5 is high; if you don't want to get off the train, don't blame the market makers for being ruthless, after all, the market has already given several opportunities to exit.
This trend reminds me of two currencies from a while back, MYX and COAI, which kept pushing with negative fee rates, completely suppressing the bears with almost no space for counterattack.
