$PIPPIN — Current Situation Update 💸💰📊
Let The Data Talk.
Price now ~0.742
+19% on the day.
Approaching prior high zone (0.749 area).
This is decision territory.
⸻
📈 Price Structure (5m)
• Higher low confirmed
• Strong reclaim above MA25 & MA99
• Grinding back toward 0.75 resistance
Structure = continuation attempt.
But we are now near liquidity.
⸻
📊 Open Interest
OI rising steadily with price.
Important:
Rising price + rising OI
= new positions opening.
This is not just short covering anymore.
Leverage building again.
⸻
👥 Long / Short Ratio
Retail still heavily short biased (account ratio low).
But:
Position ratio stabilizing.
Slight shift toward longs appearing.
Fuel still on the short side.
Squeeze potential remains.
⸻
💰 Funding
Funding ~0.018% (positive but light).
Not overheated.
No extreme long crowd yet.
Healthy for continuation.
If funding spikes aggressively → caution.
⸻
🔥 Taker Volume
Buy aggression visible on pushes.
Dips being absorbed.
No major distribution spike yet.
Momentum controlled.
⸻
🎯 Key Levels
0.75 = liquidity & breakout trigger
If 0.75 breaks with:
• OI expansion
• Strong taker buys
→ Momentum leg likely.
If 0.75 rejects with:
• OI spike
• Sell aggression
→ Fake breakout trap.
⸻
📌 Summary
Trend: Bullish grind
Positioning: Shorts still dominant
OI: Expanding
Funding: Healthy
Market is coiling under resistance.
Next move will be fast.
Let the data confirm.
Data > Emotion.
#Pippin #crypto #BinanceSquare #PERPS #MarketStructure
