$PIPPIN Signal】Long | Healthy Pullback After Strong Breakout



$PIPPIN After a massive breakout, the price consolidates strongly above the previous high resistance zone. The 4H candlestick chart shows that after encountering selling pressure in the 0.285-0.292 range, the pullback is limited, and buying interest quickly absorbs in the 0.255-0.260 range.

🎯Direction: Long

🎯Entry: 0.258 - 0.263

🛑Stop Loss: 0.248 (Rigid Stop Loss)

🚀Target 1: 0.292

🚀Target 2: 0.298

Hardcore Logic: After a single-day surge of over 40%, there was no panic selling; instead, the price consolidates sideways at high levels. Open interest remains stable and does not decrease significantly with the price correction, indicating that long positions are not exiting en masse. Taker Buy Volume remains positive, and the funding rate is only 0.005%, showing no signs of overheating. The current pullback has reached the support zone formed by the middle of the breakout bullish candle and the previous high, which is a healthy bullish handover. Market logic suggests "main force entering" rather than "shorts stepping on," consistent with the data. The upper structure is sparse, and the target points to previous highs and liquidity zones.

Trade here 👇 $PIPPIN

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