📉👀👀 PIPPIN Falls 16.72% to $0.01733 – Time to Buy🤔? 🚨
PIPPIN price at $0.01733, down 16.72% with 26.84% volatility in 24H! Support $0.01714, resistance $0.01873. RSI near oversold, MACD bearish. 💡 Scalp $0.01714–$0.02174, stop loss $0.01650. Bounce or more downside? What’s your take? 📊 #PIPPIN @BoldCompass
📌Insights for Traders
🧭Short-Term (Scalping/Day Trading):Entry Point: Buy on a dip to $0.01714–$0.01650 if the price holds above $0.01714 (confirm with volume and RSI rising above 40).
🧭Target Profit: Sell at resistance $0.01873–$0.02174.Stop Loss: $0.01650 to limit risk.Strategy: Use small timeframes (15M/1H) for scalping, capitalizing on a potential bounce from the current support level.
🧭Medium-Term (Swing Trading):Wait for a confirmed breakout above $0.01873 (SAR) with high volume for a long position, targeting $0.02174–$0.02400.If the price breaks below $0.01714, watch for a deeper correction to $0.01600 or $0.01500.Monitor project-specific news for additional catalysts.
Risk Management:Allocate 5–10% of your portfolio for PIPPIN trading due to its high volatility.Be cautious of further downside, especially with the bearish trend and high volatility.
Will PIPPIN bounce back to $0.02174, or are we headed for a drop to $0.01600? Share your thoughts below! 👇
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Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading involves high risks, and prices can be highly volatile. Always conduct your own research and consider your risk tolerance before making any trading decisions.
