🚀 $PIPPIN /USDT Perpetual – BULLISH SETUP LOADING 🚀
$PIPPIN is holding strong at ~$0.5100–$0.5110 after a sharp +16.6% move today with massive volume (1.44B PIPPIN traded in 24h). The price action is doing exactly what we want to see after a breakout: tight consolidation above the short-term MAs, forming a clear launchpad for the next leg up.
Key observations from the current chart:
• Price has curled upward and is now clustering tightly just above the key moving averages (MA5/MA10). This is classic buyer accumulation before the next push.
• Supertrend remains bullish across multiple timeframes.
• RSI sitting comfortably at 49–60 (healthy, not overbought, plenty of room to run).
• MACD histogram narrowing but still positive territory on higher timeframes.
• Volume profile shows strong buying interest on the dip – OBV trending higher.
• Order book: bids stacking up stronger than asks in the near term, long/short ratio shifting in favor of longs.
Recent local high: ~$0.53213
We are coiling right beneath it. A clean break and close above $0.5150 would open the door to retest and potentially smash that high.
Trade Signal – LONG $PIPPIN
Entry Zone: $0.5050 – $0.5120
Stop Loss: $0.4880 (below recent swing low and key support)
Take Profit Targets:
TP1: $0.5250
TP2: $0.5320 (recent high)
TP3: $0.5450 (next major resistance)
Risk/Reward: 1:2.5–1:4+ depending on entry
Leverage: 10-20x max (stay disciplined)
This setup aligns perfectly with the ongoing bullish pressure and volume confirmation. Buyers are in control, and the structure favors continuation higher.
Always manage risk, use proper position sizing, and never trade more than you can afford to lose.
Who’s riding this $PIPPIN wave with me? Drop your thoughts — are you in or waiting for confirmation? 👇
#PIPPIN #Crypto #BinanceFutures #Altseason
