【$PIPPIN Signal】Long | Healthy Pullback After Short Squeeze Initiation

$PIPPIN After a volume breakout on the 4-hour timeframe, the price is consolidating at a high level above the key resistance zone of 0.355-0.356. This is a typical healthy reset after a short squeeze (Short Squeeze) market, not a top.

🎯Direction: Long

🎯Entry: 0.352 - 0.355

🛑Stop Loss: 0.331 (Rigid stop loss, below the low of the previous 4-hour candle and EMA20 support)

🚀Target 1: 0.385

🚀Target 2: 0.410

Market logic is solid: Volume and price are rising together on the 4-hour chart, open interest (OI) remains stable at a high level of 106 million, funding rate is only 0.0192%, far from dangerous levels, ruling out the possibility of major players pushing the price up to dump. RSI(78.61) is overbought, but this fails in a short squeeze market.

Key data reveals the main players' intentions: Deep imbalance (-79.50%) shows ask orders far outnumber bid orders, yet the price can hold above the sell pressure zone, a typical institutional accumulation and support behavior. The buy/sell ratio remains around 0.51, indicating sustained and balanced buying.

The price has stabilized above EMA20(0.261) and EMA50(0.239), confirming the trend. The current pullback near the breakout level of 0.355, with decreasing volume, presents a low-risk, high-reward opportunity to go long with the trend. Stop loss is set at 0.331, with a risk-reward ratio >2.0.

Trade here 👇 $PIPPIN

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