$PIPPIN completed a breakout with high volume on the 4-hour level, and the current price is strongly consolidating near the breakout high, forming a healthy pullback.
🎯 Direction: Long
🎯 Entry: 0.230 - 0.234
🛑 Stop Loss: 0.203 (rigid stop loss)
🚀 Target 1: 0.260
🚀 Target 2: 0.285
Logic: The latest 4H candlestick saw a surge in trading volume to 190 million, which is 2.3 times that of the previous one, signaling a clear entry of institutional funds. The price rose directly from 0.189 to 0.237, breaking through all previous resistances. Although Taker Volume shows a sell signal, the price did not significantly retreat, and a dense buy order was formed around 0.234 (with significant buy order depth), which is a typical 'sell orders being absorbed' phenomenon. Open interest remains stable, and the funding rate is only 0.18%, with no extreme greed observed, indicating a healthy foundation for the rise, not a short squeeze. The current pullback to above the breakout level presents a low-risk, high-reward entry opportunity.
Trade here 👇$pippin
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