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PIPPIN this project is quite interesting. Unlike ordinary altcoins, there are obvious large traders on the exchange doing hedging, which causes the price to stay stubbornly high. But this situation is also uncomfortable for the manipulators—unable to push the price up, they can only repeatedly harvest.
There were short-term opportunities yesterday, but those who moved slowly already took some losses. Today, if the price retraces to the 0.65-0.7 range, there is still a chance to participate.
A suggestion for everyone: Altcoin volatility is inherently high, so don’t open too much leverage. Think in advance about the maximum loss you can tolerate, set your stop-loss levels properly, so you can survive longer in this kind of market.