【$PIPPIN Signal】Pullback to buy; buy orders’ support intent is revealed

$PIPPIN 1H level repeatedly tests around 0.044; the thickness of the buy wall below is more than 3 times that of the sell wall, fully exposing the capital support intent. With the 4H Bollinger Band lower band at 0.0406 forming strong support, the 1-hour MACD histogram is still below the zero line, but bearish momentum is contracting.

🎯 Direction: Long

⚡ Entry/Order: Stage bids and set orders between 0.0406 - 0.0414

🛑 Stop-loss: 0.0336

🚀 Target 1: 0.0727

🚀 Target 2: 0.0883

🛡️ Trade Management:
- Execution strategy: After the price reaches 0.0727, reduce the position by 50%; move the remaining stop-loss up to the entry price. If the price cannot hold above 0.044 and falls below 0.041 again, consider exiting early.

Open interest remains stable around 410 million USD. When the price drops, there is no large-scale sell-off, indicating that the long positions are relatively firm. The current funding rate is 0.0748%, which is not extreme, but combined with the solid buy-side order depth, it looks more like the main players are actively taking up supply at key levels. The 1-hour RSI is around 51—neither overheated nor panicked—leaving room for a rebound. The risk-reward ratio is close to 4:1, and this staged entry’s odds are attractive enough.

View real-time market 👇 $PIPPIN
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