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Don't remind me again today

Recently, I've had my eye on this coin PIPPIN, the weekly chart is truly pleasing to the eye.



You said this thing has already gone up a full 10 times, right? Yet the price is still as steady as a rock, even too lazy to give you a pullback. To be honest, this kind of trend is rare – usually, when altcoins go up three to five times, they start getting all kinds of spikes and washes, but this one has held up against all the selling pressure.

From a technical perspective, the weekly level is clearly brewing a breakout. The explosion after such consolidation is often the fiercest, as the chips have been sufficiently washed out. At this position, I really dare not touch a short position; isn't that seeking death?

The strategy is simple: go long with the trend. When it truly breaks out with volume, it could be another wave of bullish momentum. Of course, risk control still needs to be managed, but I don't think there's much to hesitate about in terms of direction.
PIPPIN63.14%
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