🚀 $pippin
— Long or Short? Trade the Level.
$pippin broader market weakness ke bawajood +14–19% intraday surge dikhate hue $0.71 reclaim kar chuka hai. Futures Open Interest ~$245M — iska matlab volatility expansion ready hai.
Ab sab kuch $0.77 ATH level par depend karta hai.
🟢 Long Scenario — Breakout Play
Trigger: Clean break & hold above $0.77
Targets: $0.85 → $0.90
Confirmation:
Strong volume expansion
1H close above ATH
No immediate rejection wick
Momentum indicators (MACD / RSI) bullish alignment show kar rahe hain — but breakout confirmation zaroori hai.
🔴 Short Scenario — Rejection Play
Trigger: Sharp rejection at $0.77
Pattern Risk: Potential double top
Downside Target Zone: $0.55
Agar ATH par strong supply aati hai aur price acceptance nahi milti, toh aggressive unwind possible hai — especially high OI environment me.
📊 Strategic View
High Open Interest = squeeze potential both sides
Breakout = momentum continuation
Rejection = volatility flush
🎯 Bias nahi, level trade karein.
$0.77 is the decision point.