PIPPIN's recent deep dip seems to be setting a trap. On one hand, it tempts bears to continue shorting and add to their positions; on the other hand, it also attracts bulls from outside the market to enter. According to the rhythm, it's not the final frenzy yet. The 0.7 level is a critical threshold; if it can hold steady here, breaking through to 1 dollar is not a dream. But after that, there might be another round of sideways movement. Be cautious of false breakouts, as the big crash often happens in that instant. Bears should be careful not to get caught too deep.
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MrRightClick
· 14h ago
0.7 this threshold really needs to be held, otherwise there's no foundation below.
Waiting to see if anyone gets trapped haha.
It's both sideways and a trap, I'll stay on the sidelines for this wave.
No one can predict when a sudden crash will happen, it's better to be cautious.
Don't be too greedy whether you're bullish or bearish, this is the way to go.
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SerumSquirrel
· 14h ago
0.7 is indeed a dangerous level; bears are most likely to break their legs here.
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StablecoinArbitrageur
· 14h ago
actually the 0.7 level is where order book depth gets interesting—liquidity pools are gonna determine if this holds or we get liquidation cascade
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LiquidationKing
· 14h ago
0.7 key level, will it really stabilize this time... feels like the pattern never ends
PIPPIN's recent deep dip seems to be setting a trap. On one hand, it tempts bears to continue shorting and add to their positions; on the other hand, it also attracts bulls from outside the market to enter. According to the rhythm, it's not the final frenzy yet. The 0.7 level is a critical threshold; if it can hold steady here, breaking through to 1 dollar is not a dream. But after that, there might be another round of sideways movement. Be cautious of false breakouts, as the big crash often happens in that instant. Bears should be careful not to get caught too deep.