โก $PIPPIN โ Contrarian Long Opportunity! โก
๐ Trend Context:
$PIPPIN is in a clear downtrend on the 1D chart, but oversold as hell โฌ๏ธ๐ฅ
๐ Volume Insight:
Recent candles pumping with high volume (963M vs 24h avg) ๐
Downward spikes = heavy selling pressure, but that huge 24h surge feels like capitulation ๐ฅ
๐ธ Capital Flows:
Outflows steady: 24h -14M, 7D -31M USDT ๐ณ
Big 6h dump -699K USDT might signal sellers tiring out ๐ฎ
โ๏ธ Trade Setup โ Longs:
Entry: Jump in at 0.2887 USDT if feeling bold
Safer: Wait for break above 0.2758 (lower Bollinger Band) or RSI 35 โ
Stop Loss: 0.2785 USDT (3.5% below entry, ATR 0.0846) ๐
๐ฏ Targets:
TP1: 0.3251 USDT (~12.6% up to 24h resistance) ๐
โ ๏ธ Word of Caution:
Against the trend โก โ high risk! If price dips below 0.2758, exit fast ๐โโ๏ธ๐จ
#Pippin #PIPPINUSDT #CryptoTrading #ContrarianPlay #MomentumTrade ๐๐๐
