#pippinusdt PIPPINUSDT has established a trend of high-level retreat, with clear short-term short-selling signals 📉
Core short-selling logic
1. Technical analysis shows peak retreat:
PIPPINUSDT current price 0.05488, 24h increase of 6.75%, the price rose to 0.05933 and then continued to retreat, the 5-minute candlestick is under pressure below EMA(7) and EMA(25) moving averages, short-term moving averages are turning down, bullish momentum is exhausted, and the retreat trend is clear.
2. Position structure continues to weaken:
The total contract position and the value of positions are synchronously declining from a high level, with obvious signs of capital outflow; the large holder long-short ratio (account number/position volume statistics) continues to rise, the proportion of short positions is increasing, and the bullish sentiment is significantly cooling, with the funds leaning towards bearish.
3. Divergence signal between volume and price is prominent:
Although the trading volume remains high, buying pressure is insufficient, and price rebounds are weak, forming a divergence between volume and price increase, lacking sustained buying support, and the subsequent downward space may further open up.
Practical trading plan
• Entry range: 0.0545–0.0550 build short positions in batches (current price 0.05488 can enter directly)
• Stop loss position: 0.0598 (if it breaks above the 24h high of 0.05933, confirming a trend reversal, then stop loss and exit)
• Profit target:
◦ First target: 0.0535 (short-term support level, take profit on retreat)
◦ Second target: 0.0520 (EMA(99) moving average support, medium-term adjustment target)
Risk warning
Cryptocurrency contract trading is extremely risky, and short-selling carries the risk of liquidation. It is essential to strictly control positions (suggested single position ≤ 5% of total funds) and set stop-loss orders in advance. Do not blindly hold positions. $PIPPIN