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Sharing my recent outlook on PIPPIN's trend; I am currently bullish.
First, let's talk about the key factors. From my observation, that large holder with a position of about 10 million USD still has a short position open. Once this level of position triggers a stop-loss or gets liquidated, it will generate a huge buying shock, and the price could spike by 50% to 100% instantly. This is a significant support factor.
Next, let's look at the changes in the K-line trend. Reviewing previous surges of PIPPIN, they all followed a pattern—first a sharp spike downward, then a rebound near the 25-day moving average. But this time, it's a bit different; the entire trend has turned into a bearish decline mode, without the characteristic sharp spike. In other words, the price might go straight up without following the usual needle-insertion pattern. Based on this judgment, I decided to jump in directly.
Regarding trading suggestions for PIPPIN: this coin tends to spike sharply, which can scare traders out. My advice is to use 1x leverage, essentially trading spot to avoid false breakouts and stop-loss triggers. Market movements test your mindset and patience the most. Persistence could lead to opportunities.