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Pippin has risen again, reaching 0.07 USD. Does that mean many people think Pippin has come back to life?
Brothers, wake up. The dog whales have already left, and you're still dreaming. Dacha will analyze the reasons for this move:
1. Many people are no longer selling, so there are fewer available for purchase on the market.
2. Holders are holding firm and not selling.
3. The recent short sellers were severely punished, so no one dares to short now.
Basically, it’s just sentiment and capital, with no strong fundamentals. It previously dropped from 0.51 to 0.04, a 90% decline. A rebound now is very normal.
Brothers who want to get in, don’t chase after the rise. After it surges, you can consider shorting. Set a stop loss at 0.08 and target 0.05. Shorting is much stronger than going long. #PIPPIN $PIPPIN