Friends, Mig is here!
Seeing the sparks between Pippin's market and news, hurry up and let me explain it clearly to everyone.
In today's market, news and technical aspects are conflicting. How to choose a direction? Let me break it down for you.
1. In-depth breakdown of the news: it's not just 'good news,' but also 'ecological binding ticket.'
First, let’s talk about this morning's heavy news: Mind Network announced that it holds 1% of Pippin's total supply as a long-term reserve. Many old friends see 'strategic cooperation' and think it's just a gimmick, but Mig tells you, this matter is very deep:
This is not simply buying coins; it is 'staking endorsement.' The project team locks real money in a public wallet, which is equivalent to binding their interests with the Pippin community. Any ecological incentives or development funding they pursue in the future will rely on this pool, meaning they have a strong motivation to increase Pippin's value and popularity.
"Locking FHE Airdrop Pippin" is killing two birds with one stone. It creates a locking demand and scenario for Mind Network's own token FHE, while also introducing continuous external buying expectations for Pippin. This design catalyzes emotions in the short term and links ecosystems in the long term.
Key conclusion: The news provides solid value support and mid-term narrative, not pure speculation. This means the probability of a deep drop is reduced; if there is a real correction, the project side and early community are likely to step in to support the market.
Second, the harsh reality of the technical aspect: The upward trend is blocked, and the showdown between bulls and bears is imminent.
Looking at the 1-hour candlestick, the trend is up, but the alarm has sounded:
The key watershed is at 0.35687. This is a position tested multiple times recently; if it can hold, the bulls still control the situation, with 0.40 as the first target and 0.45 as a strong resistance area.
But the MACD dead cross is a clear risk! A dead cross of the yellow and white lines above the 0 axis usually means the exhaustion of upward momentum and the beginning of a short-term adjustment. Coupled with shrinking volume, it indicates a lack of chasing funds, all waiting for direction.
Support levels need to be clearly understood:
First defense line: 0.33000 (if broken, it turns weak in the short term)
Core support: 0.29200 (a key trend structure level, also a touchstone for news support)
Extreme position: 0.25000 (unless the market crashes or the project encounters a black swan, it is unlikely to reach)
Mig's personal opinion: It is very likely that it won't surge directly but may oscillate first. If it can't hold 0.33, it may retrace to around 0.292 to find support; if it can stabilize, there is still a chance to push towards 0.4. As for the bottom support at 0.25, there is no need to worry too much for now, unless the macro environment changes drastically.
Player retail operation suggestions:
If you haven't gotten on board yet: Don't chase high! The best strategy is to place orders in batches. Place the first small order around 0.33-0.34, and if it drops to the 0.295-0.305 range, you can increase your position. Use your bullets at key support levels.
If you already have positions: Set up a mobile stop profit! If your position is heavy, consider reducing a portion around 0.40 to lock in profits. The stop-loss can be placed below 0.328.
If you are trading short-term: Keep a close eye on the battle for 0.35687, if it stabilizes with volume, you can take a small position long, targeting 0.39; if it breaks below 0.33 with volume, exit and observe.
Remember one thing: Stay calm in the face of good news, and stay alert in the face of dead crosses. In the current market, patience is more important than confidence.
Market analysis is "planning," but the market is "real combat." If you always feel a step behind in the market, constantly experiencing "buying drops and selling rises," then let me tell you, you're not lacking analysis; you're lacking a professional guide who can remind you in real-time that "opportunity is coming" and "run fast!"
Want to know how my Mig is leading the brothers in the village to dodge spikes and execute precise ambushes? Follow Mig and participate in every attack by Mig's villagers! Mig will announce the specific entry times and real-time news in the village every day!
