2026-01-08 14:32:29

PIPPIN's recent market movement has caused quite a stir. It jumped directly from 0.24 to 0.31, which on the surface looks like a strong rebound, but if you analyze the details of the trading chart, the problems become evident.

Looking back at that long lower shadow, it's clear to anyone with a keen eye—this was a precise dump by the market maker at a specific level. Although the subsequent several bullish candles looked good, the selling pressure at higher levels hasn't truly been alleviated. This round of rally, frankly, is just the final exchange of chips at high levels, waiting for retail investors' FOMO to follow in.

Once the trap of chasing gains reaches expectations, the next move will be a double-sided breakdown with a sickle cut. From a technical perspective, this price level is already near the end of its strength. The risk of chasing high entries is worth careful consideration.

PIPPIN-18,61%

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SandwichTrader

· 01-08 21:06

Wow, such obvious long shadow and still有人追? The dealer's technique is really top-notch.

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LayerZeroHero

· 01-08 15:02

The long lower shadow, the data can really be replicated... This is a typical liquidity test. The selling pressure at high levels has not been alleviated, to put it simply, the risks at the protocol architecture level are still present.

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ThesisInvestor

· 01-08 15:01

Seeing that long lower shadow, you know it's a trap, still fishing again. With such heavy selling pressure at high levels, dare to chase?

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GateUser-7b078580

· 01-08 14:39

Data shows that the long lower shadow is a slaughter signal, and a pattern has been observed. Although, the selling pressure at high levels is still there. Let's wait and see the historical lows. The 0.31 level is already at the end of its strength; hourly analysis clearly shows the problem. Chasing highs? Under an unreasonable mechanism, retail investors suffer the most. Isn't that contradictory? The inevitable collapse is coming; just be patient and wait.

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