To get straight to the point—looking at PIPPIN's 4-hour chart really makes one anxious. If you still hold this coin or are considering bottom-fishing, you need to pay close attention to the next 2 minutes of content.

From the current situation on the chart, PIPPIN is overall in a downward trend. In the MACD indicator, the yellow and white lines are continuously moving downwards above the 0 axis, and the death cross trend is very obvious, and the trading volume is also slowly decreasing. The bullish force is weakening, and the bears are starting to gain the upper hand.

If there are no significant positive news today, the price is likely to continue to drop.

So how will $PIPPIN perform today?

Many people are asking if it can rise to around 0.396; I don't see much hope. With this current trend, the resistance to going up is too great, unless a large amount of capital suddenly comes in to push the price up. Otherwise, today’s focus isn't on how much it can rise, but on what level it can stabilize after a drop. Moreover, $PIPPIN is clearly a manipulated coin, and not many people are willing to take over.

The nearest support level below is around 0.252, and further down is the bottom support at 0.13381. If it continues to weaken today, it is highly likely to test whether the 0.252 level can hold. If it can't hold, be mentally prepared, as the price may drop to 0.13381. Don't forget the last time PIPPIN's price plummeted, it fell directly by 50%.

What should retail investors do now?

If you have already bought this coin, don't rush to buy more, and don't throw all your money in at once to catch the bottom. Before the trend reverses, each price rebound may be a good opportunity for you to sell and exit. Especially if it can't break above around 0.3966 during the rebound, that would be an even better time to reduce your holdings.

If you haven't bought yet, I suggest you don't rush to get in, wait a bit longer. Buying now is too risky, like trying to catch a falling knife from the sky, and it's easy to get hurt. Wait until the market trend is clear and there are obvious signs of a stop-loss.

When the market is bad, it really tests a person's mindset. If you are worried about not being able to grasp the precise buying and selling points, then pay attention to me. Big Mao's Gold Mining Base organizes market alerts and operational ideas every day, no boasting, no rambling, just the most practical advice for you. #比特币流动性 #美国宏观经济数据上链 #加密市场观察 $PIPPIN