【$PIPPIN Signal】Healthy consolidation after a long bullish run + volume breakout
$PIPPIN After a 52% surge in a single day, it entered a high-level consolidation, with the price staying above the breakout zone. This is a typical digestion of profit-taking and healthy reset, not a top signal. Volume and open interest expanded simultaneously, indicating that main capital is entering the market, rather than just short sellers stepping on the gas.
🎯 Direction: Long
🎯 Entry: 0.420 - 0.445
🛑 Stop Loss: 0.395 ( Rigid Stop Loss )
🚀 Target 1: 0.520
🚀 Target 2: 0.600
Market logic: After a massive rally, the price rejected a deep correction and formed a tight flag pattern above the previous high. This structure indicates strong buying absorption, and market sentiment has shifted from FOMO to orderly rotation. The increase in open interest confirms the establishment of new long positions, fueling further upward movement. As long as the price stays above the breakout zone (0.40-0.42), the probability of continued rise after consolidation is higher. Small loss, big profit; this trade bets on the continuation of the healthy retracement after the breakout.
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【$PIPPIN Signal】Healthy consolidation after a long bullish run + volume breakout
$PIPPIN After a 52% surge in a single day, it entered a high-level consolidation, with the price staying above the breakout zone. This is a typical digestion of profit-taking and healthy reset, not a top signal. Volume and open interest expanded simultaneously, indicating that main capital is entering the market, rather than just short sellers stepping on the gas.
🎯 Direction: Long
🎯 Entry: 0.420 - 0.445
🛑 Stop Loss: 0.395 ( Rigid Stop Loss )
🚀 Target 1: 0.520
🚀 Target 2: 0.600
Market logic: After a massive rally, the price rejected a deep correction and formed a tight flag pattern above the previous high. This structure indicates strong buying absorption, and market sentiment has shifted from FOMO to orderly rotation. The increase in open interest confirms the establishment of new long positions, fueling further upward movement. As long as the price stays above the breakout zone (0.40-0.42), the probability of continued rise after consolidation is higher. Small loss, big profit; this trade bets on the continuation of the healthy retracement after the breakout.
Trade here 👇 $PIPPIN
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