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Let's talk about the recent trend logic of $PIPPIN.
The main force pushed it up from 0.76 and then dumped it to 0.396. At first glance, it looks like a plunge, but in fact, this is a typical shakeout move. Falling about 50% from the historical high is often the easiest point for funds to re-enter. Currently, PIPPIN's price is still above 0.5, which indicates what? The chip clearing is not thorough enough, and the main funds are still in.
Those who understand this pattern know that the 0.5 price range is not at all a risk zone; instead, it's the best entry point. Once this kind of monster coin truly starts to move, the gains will make latecomers regret deeply. From a technical perspective, there is still confidence around 0.5.
Either continue to observe or prepare to chase short, but don't rush. Once the bulls counterattack, a liquidation market can be triggered by just one K-line. Just wait and see.