Today, the brightest star on the Solana chain undoubtedly belongs to $PIPPIN ! In the last 24 hours, it surged by 35.5%, with the market value skyrocketing to 486 million USD, and the price hitting 0.487 USD, with funds pouring in wildly and market sentiment soaring!
But Da Mao must splash a pot of cold water on you: Popularity ≠ Guaranteed Profit! Solana Meme coins have always been synonymous with wild fluctuations; the rise is as fierce as the fall! Now the market value is almost touching 500 million, and once the profit-taking sells off collectively, retail investors simply can't hold on! This wave seems lively, but in reality, the overheating signal is already full; do not be blinded by FOMO emotions! Want to catch the trending coins first and avoid the scythe? Follow Da Mao! Chat Room to get first-hand information and stay ahead of the game!
Looking at the technical side, the K-line chart exposes a fatal problem: the price is stuck at the key level of 0.48835 on the 4-hour chart, the MACD yellow and white lines have surged above the 0 axis, looking strong in the short term, but the upward volume is shrinking! It's like running out of breath; the price has risen but buying has not kept up. There’s a high probability that the main force is secretly unloading! The resistance levels above are clear: 0.53 is a small resistance for a rebound, 0.6 is a high pressure ceiling; the support below looks at 0.4 and 0.304. If the volume can't keep up, the rise is just a trap to lure in buyers! The technical perspective looks bullish, but there is a divergence between price and volume; this surge is likely to be a flash in the pan! What’s the safest way to set the precise entry point and stop-loss? Dama has already highlighted this in the Binance chat room, hurry up if you want to join!
Advice for retail investors to save themselves, three steps to avoid pitfalls:
For those with no positions: don’t rush to act, wait for a volume breakout above 0.53 to test lightly; better to miss out than to make a wrong move!
For those holding positions: set the stop-loss near 0.45 and pocket the profits first; if you want to add positions, wait for a pullback to 0.4 and then enter in batches!
Core principle: any rise without volume is a trap; if something feels off, run away immediately!
Dama's personal opinion is clear: $PIPPIN today’s rise is strong, but the market is likely to diverge in the future!
Volume breakout above 0.53 + funds keeping up: expected to reach 0.55 or even 0.6;
If the volume continues to shrink and key levels are broken down: it’s highly likely to retrace to the support at 0.4, and in extreme cases, it could drop directly to the bottom at 0.304!
Currently looking bullish, but in reality, the volume is not keeping up. Retail investors should be cautious when chasing highs, as there's a high suspicion that the main force is raising the price to unload!
If you are always a step slower than the market, always buying when the price drops and selling when it rises, what you lack is not analysis, but a professional guide who calls you to get on board in real-time! Follow Dama, join the Dama's gold mining base to keep up with every operation! Specific entry times and real-time news will be announced every day, leading you to profit without getting hurt! #美联储回购协议计划 #山寨季将至？ #美国宏观经济数据上链
