The price action of PIPPIN has exhibited a fairly standard top divergence pattern, where the price reaches a new high but the Momentum Index is weakening, which is a typical topping signal. However, interestingly, there hasn't been a direct reversal; instead, a Grid Trading strategy has been adopted to digest this divergence. This kind of operation actually tests patience—it locks in profits in the top area using grids, which can handle short-term fluctuations while capturing potential rebound opportunities. Essentially, it is hedging risk with small-scale entries and exits at high levels.
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NullWhisperer
· 5h ago
textbook divergence play, but the grid strat feels more like cope than conviction tbh. interesting edge case tho—when price pumps but momentum flatlines, theoretically exploitable... except timing these micro-cycles is where most people get liquidated. cool in theory, needs further review in practice.
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BlockBargainHunter
· 5h ago
With such a clear top divergence, daring to grid is indeed a bit of a gamble. If this wave really gets dumped, the grid won't save you.
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MetaverseLandlord
· 5h ago
Playing grids with divergence at the top? I'm familiar with this trick, it's just repeatedly playing people for suckers at high positions, waiting for the rebound to buy back, if your mental quality isn't tough enough, you really can't play.
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FUDwatcher
· 5h ago
Top divergence playing the grid? This operation is a bit fierce, just afraid of being trapped at a high position and having to grind slowly.
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Rugman_Walking
· 5h ago
Top divergence playing grid? This trick is indeed ruthless, testing psychological quality. Entering and exiting small orders back and forth at high positions to Clip Coupons sounds easy, but it takes a lot of patience to do it.
The price action of PIPPIN has exhibited a fairly standard top divergence pattern, where the price reaches a new high but the Momentum Index is weakening, which is a typical topping signal. However, interestingly, there hasn't been a direct reversal; instead, a Grid Trading strategy has been adopted to digest this divergence. This kind of operation actually tests patience—it locks in profits in the top area using grids, which can handle short-term fluctuations while capturing potential rebound opportunities. Essentially, it is hedging risk with small-scale entries and exits at high levels.