【$PIPPIN Signal】Long | Healthy Cooldown After Explosive Breakout
$PIPPIN After a surge of over 40% on the 4H chart, the price enters a narrow consolidation with extremely reduced volume. The price is consolidating strongly above the previous breakout level of 0.25, which is a typical healthy reset rather than a top distribution.
🎯Direction: Long
🎯Entry: 0.268 - 0.272
🛑Stop Loss: 0.245 (Rigid Stop Loss)
🚀Target 1: 0.295
🚀Target 2: 0.325
Hardcore Logic: The third 4H candle shows a massive volume spike (1.19B), but open interest remains stable (OI Trend: Stable), indicating genuine buying pressure rather than short covering. Subsequently, the volume on the next two candles sharply diminishes to very low levels, with buy/sell ratio stabilizing between 0.51-0.62, indicating exhausted selling pressure and that the main force has not exited. Currently, the price is consolidating above the middle of the explosive bullish candle, indicating a strong cooldown structure. Takers continue to buy, with a funding rate of only 0.005%, showing no signs of overheating. The upper boundary of the consolidation zone near 0.272 is the optimal ambush point, with stop loss placed below the low of the explosive volume candle, offering a favorable risk-reward ratio.
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【$PIPPIN Signal】Long | Healthy Cooldown After Explosive Breakout
$PIPPIN After a surge of over 40% on the 4H chart, the price enters a narrow consolidation with extremely reduced volume. The price is consolidating strongly above the previous breakout level of 0.25, which is a typical healthy reset rather than a top distribution.
🎯Direction: Long
🎯Entry: 0.268 - 0.272
🛑Stop Loss: 0.245 (Rigid Stop Loss)
🚀Target 1: 0.295
🚀Target 2: 0.325
Hardcore Logic: The third 4H candle shows a massive volume spike (1.19B), but open interest remains stable (OI Trend: Stable), indicating genuine buying pressure rather than short covering. Subsequently, the volume on the next two candles sharply diminishes to very low levels, with buy/sell ratio stabilizing between 0.51-0.62, indicating exhausted selling pressure and that the main force has not exited. Currently, the price is consolidating above the middle of the explosive bullish candle, indicating a strong cooldown structure. Takers continue to buy, with a funding rate of only 0.005%, showing no signs of overheating. The upper boundary of the consolidation zone near 0.272 is the optimal ambush point, with stop loss placed below the low of the explosive volume candle, offering a favorable risk-reward ratio.
Trade here 👇 $PIPPIN
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