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$PIPPIN Stay tuned for the analyses I prepared 🧐
Interpretation of the PIPPIN Chart (04/13 – 04/30)
- 04/13 – Accumulation (US$0.0241):
Quiet entry, manipulators buying cheaply and preparing the ground.
- 04/16 – Pump (US$0.0463):
Rapid explosion, nearly 100% appreciation in just three days. Partial profit-taking may have occurred here.
- 04/23 – Correction (US$0.0236):
Gradual decline after the peak, signaling partial dump and return to accumulation phase.
- 04/25 – Consolidation (US$0.0328):
Stabilization at an intermediate level. Manipulators hold the price to build credibility and attract new buyers.
- 04/26 – Correction (US$0.0272 – US$0.0313):
Fluctuation within this range, possible partial profit-taking and new accumulation.
- 04/27 – 04/30 – Correction (US$0.0255 – US$0.0256):
Quiet entry again, manipulators resume accumulating cheaply, preparing for the next pump.
The reading shows a clear cycle: accumulation → surge → correction → consolidation → new correction/accumulation. Currently, at the end of April, the price is around $0.0255, indicating that the manipulators are accumulating again in preparation for the next move. The key point remains breaking through the resistance level of $0.04276, which could lead to new selling or continued upward movement.///
The market maker lacks character.
- Gradual profit: they take some profit during the 04/16 pump, let it drop to re-accumulate.
- Social narrative: they reinforce the idea that "investors are accumulating," creating a herd effect.
- Next target: break the resistance at $0.04276 to attract external liquidity and initiate a new profit cycle.