⚠️ $PIPPIN ALERT: The "Short Trap" Before the Crash? 📉
Traders, keep your eyes on $PIPPIN . We are seeing a classic market setup that catches retail traders off guard.
Here is the situation:
1️⃣ Whales Are Exiting, But Price Isn't Dropping (Yet):
Large holders are slowly closing their positions after massive gains. Usually, this selling pressure would crash the price immediately. So, why is $PIPPIN stuck at this level?
2️⃣ The Retail Short Trap:
The chart shows too many retail investors are already Short.
The Mechanism: When the crowd gets bearish too early, the market often moves the opposite way first.
The Plan: Market makers need to liquidate these early shorts to create liquidity for the real drop.
3️⃣ Different "Team," Different Rules:
Unlike previous pumps where funding rates skyrocketed, rates here are surprisingly normal. This suggests a new trading team or algorithm is managing this price action, likely waiting to punish impulsive traders.
📉 The Strategy:
Don't FOMO Short: Shorting aggressively right here is risky because of the potential squeeze.
Watch for the Spike: The smart play suggested is to place Limit Orders higher up. Expect a sudden wick upward to clear out the retail shorts first.
The Target: Once the "late shorts" are liquidated, that is when the real downward momentum (the dump) is expected to begin.
Be patient. Let the market come to your entry! 🛡️
#Pippin #cryptotrading #ShortSqueeze #RiskManagement #BinanceSquare