#PIPPIN反弹遭巨鲸抛售 $PIPPIN 1. PIPPIN/USDT Contract Market Core Interpretation:
1. Price and Volatility: Latest price $0.48344, 24h increase +10.12%, but 24h volatility reached 83.7% ($0.41345–$0.76000), after peaking at $0.76, it plummeted instantly, which is a typical manifestation of concentrated selling by whales.
2. Funds and Transactions: 24h transaction volume 1.084 billion USDT, trading volume 2.258 billion PIPPIN, increased volume followed by a decrease, obvious characteristics of retail investors taking over and whales exiting.
3. Technical Signals:
- BOLL Indicator: Upper track $0.52001, Middle track $0.48248, Lower track $0.44495, current price close to the middle track, if it breaks below the middle track in the short term, it will drop towards $0.44495;
- MACD Indicator: DIF=0.00208, DEA=0.00149, MACD=0.00059, although it is a golden cross, the red bars continue to decrease in volume, bullish momentum rapidly exhausted;
- Volume: Trading volume surged during the peak, and sharply decreased during the drop, with no sustained buying support.
2. Trading Strategies and Risk Control
1. Key Price Levels:
- Support Levels: $0.48248 (BOLL middle track), $0.44495 (BOLL lower track), $0.41345 (24h low point)
- Resistance Levels: $0.52001 (BOLL upper track), $0.76000 (24h high point)
2. Operational Suggestions:
- For existing long positions: Immediately reduce positions, reduce 70% of holdings in the $0.48–$0.50 range, set stop loss for remaining positions at $0.44495 (liquidate if it breaks below the lower track);
- For those without positions: Strictly prohibit chasing highs, this price level is already the oscillation range after whale selling, both bottom hunting and opening long positions face the risk of a sharp drop;
- Short selling contracts: Can attempt to short near $0.50 with light positions (position ≤ 1% of total funds), stop loss at $0.52001, target at $0.44495, need to be cautious of whale-induced false breakouts.
3. Core Risks: PIPPIN is a MEME coin with no fundamentals, highly controlled circulation, whales can dump at any time, the current oscillation is preparing for the next round of selling, with no long-term holding value.
