The enthusiasm for ZEC has clearly faded, and I continue to see a fall, aiming for a target of 100.

The PIPPIN order has been quite a struggle for me, going through several rounds of wash trading. Fortunately, I set a stop loss in advance; otherwise, I would be losing a lot right now.

I'm a bit conflicted right now: the price has surged to near historical highs, should I be bold and directly place a short position (with a good stop loss of course), or should I wait for it to finish this wave and then enter? Anyway, I'm definitely going to short, it's just that this timing is hard to grasp. What do you brothers think?

PIPPIN8.6%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
5
Repost
Share

Comment

0/400

MEVSupportGroup

· 19h ago

Ha, there really isn't much heat in ZEC anymore. I also think a dip is very likely. I understand the hustle with PIPPIN. Who can withstand several rounds of Whipsaw? Stop loss is a lifesaver, buddy. The current position is indeed awkward. I tend to wait a bit. Short selling near the high is easily crushed. It's better to let it rally first and then talk. My experience is: it's better to earn a little less than to be trapped at the high.

View OriginalReply0

MysteryBoxAddict

· 19h ago

100, bet or not? I think we should wait a bit longer, this wave of Whipsaw isn't over yet. The short order should be placed, but don't be too greedy, brother. That market manipulator PIPPIN is really outrageous, I almost fell for it too.

View OriginalReply0

GasBankrupter

· 19h ago

100 this level is a bit precarious, I feel it might still drop further. Whipsaw is really exhausting, every time I feel like I'm about to get liquidated. This position is indeed hard to buy, better to wait until it clearly breaks out. Just set the stop loss, don't be greedy, historical highs are often traps. At times like this, see if there are clearer opportunities in other assets, no need to stubbornly fight here.

View OriginalReply0

NeverPresent

· 19h ago

The position at 100 is a bit precarious; I think we still need to look at the volume; otherwise, it’s easy to have a false breakout. Wait, is PIPPIN that fierce? I've also been shaken out; it's really ridiculous. Going short directly at this high is a bit aggressive; I still prefer to wait for a pullback confirmation before taking action, I don't want to incur unrealized losses.

View OriginalReply0

TokenomicsTherapist

· 19h ago

Ha, it's that kind of confusing time again, the closer I get to the high point, the less confident I feel. This wave of PIPPIN is indeed fierce, the Whipsaw has made people dizzy, your stop loss was set just in time. I also see potential for ZEC to drop, but whether to short or not feels like an easy trap, it might be better to let the bullets fly for a while.

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
218.91K Popularity
#DecemberMarketOutlook
8.62K Popularity
#GIGGLEAndPIPPINSurge
1.17K Popularity
#LINKETFToLaunch
1.32K Popularity
#SharingMy100xToken
1.82K Popularity

Hot Gate FunView More

1
GPANDARed Panda
MC:$3.3KHolders:1
0.00%
2
GCOINGATE COIN
MC:$3.3KHolders:1
0.00%
3
110489196155I am $1 rich
MC:$3.33KHolders:1
0.00%
4
IBVMIBVM
MC:$3.5KHolders:5
0.89%
5
GMGM
MC:$3.34KHolders:1
0.00%

Sitemap