2025-12-26 17:21:26

There is basically no 'surprise' in the meme coin trend; it's all pre-written 'scripts'. Today, PIPPIN's 4-hour chart is a classic example of a whale's playbook—an 'educational' lesson in how to trap new users.

This morning, looking at PIPPIN/USDT, it dropped from 0.49 last night down to 0.483. The decline isn't significant, but the chart is full of strange signals. First, regarding yesterday's news—on-chain data showed that 16 related addresses withdrew nearly 3 million PIPPIN from a major platform late on the 26th. This move, combined with the official actions around the mid-December 'Privacy AI Proxy Ecosystem', feels a bit off. Think about it—just after the project announced building an ecosystem, large addresses immediately withdrew tokens. Isn't this the old trick of 'good news is bad news'?

Looking at the technicals, in the 4-hour chart, the RSI is stuck at 27, unable to go up or down, and the J value of KDJ has dropped to 5. Normally, this signals an 'oversold' condition that should rebound. But this time, the rebound simply didn't happen. This is a typical whale's trap—recently, it shot from 0.26 directly to 0.72, using the 'AI concept' to attract retail investors. Now, it deliberately shows indicators that 'a rebound is coming', while in reality, heavy sell orders are hanging around the 0.48 to 0.5 range.

Last year, I saw a similar tactic with a meme coin called HYPE: first, it pumped three times to get the community to follow and buy in, then at the top, it showed seemingly improving technical signals—just a big trap. Charts of these kinds of coins always repeat the same story.

PIPPIN-4,92%

HYPE2,65%

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MEV_Whisperer

· 10h ago

It's the same old script again, new retail investors will never learn. --- PIPPIN really outdid himself this time. The indicators are signaling a rebound but he’s not moving at all, the market maker’s mindset is unbelievably stable. --- 3 million tokens were withdrawn overnight. Just after announcing positive news, they cut the profit. I saw this tactic last year on HYPE, it really works. --- RSI 27 still pretending to be dead. Where’s the promised oversold rebound? Laughable, it’s all a trap. --- Drawing from 0.26 to 0.72 just to cut you at 0.48 today—that logic is crystal clear. --- Massive sell orders hanging around 0.48 to 0.5. Who dares to buy the dip? Only fools. --- On-chain data shows it clearly: large addresses withdrawing funds = the bullish trend is exhausted. This routine is so played out, yet some still believe it. --- Indicators are best for deceiving retail investors. As soon as a rebound signal appears, it's time to run. Don’t ask me how I know.

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OPsychology

· 12-26 17:51

Here comes the same old scam to harvest retail investors, tired of it. --- Just hearing about 3 million tokens makes it obvious there's no good news. --- RSI is already like this, still not bouncing back? Ha, it's too obvious. --- I was also in during that HYPE wave, same tactics, same ending. --- "Good news is all out, then it's bad news," this phrase will never go out of style. --- A couple of days ago, someone was shouting that PIPPIN was about to take off, now they've been proven wrong. --- Just look at the 4-hour chart to see what the whales are doing, textbook-level market manipulation. --- Massive sell orders hanging right there, retail investors can't see it? --- Memecoin projects always follow the same script, just changing the name to keep harvesting.

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Layer2Observer

· 12-26 17:46

Let me check the data. RSI27 and KDJ have dropped to 5. This indicator combination is indeed unusual, but saying "it's all a script" is still too absolute. Further verification is needed.

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SelfSovereignSteve

· 12-26 17:44

Is it the same old story? Massive sell orders hanging there, and all the rebound signals are just a facade.

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RealYieldWizard

· 12-26 17:32

Another textbook for the big players, retail investors can never finish paying their tuition fees.

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DeFiCaffeinator

· 12-26 17:28

It's the same old trick again. I've seen through PIPPIN's move this time. Large funds withdrawing coins combined with ecosystem announcements are a typical "good news exhausted" play. Retail investors are still waiting for indicators and rebounds, but everyone has already left.

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RugDocDetective

· 12-26 17:24

It's the same old trick again, really getting tired of it.

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