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【$PIPPIN Signal】Long | Healthy Consolidation After Breakout with Volume
$PIPPIN After a single-day volume surge of 38%, the price is consolidating within a narrow range at high levels. This pattern is a typical sign of strong cooling rather than a top distribution, indicating that buying pressure is absorbing profit-taking and preparing for the next upward push.
🎯 Direction: Long (Long)
🎯 Entry: 0.410 - 0.425
🛑 Stop Loss: 0.385 (Rigid Stop Loss)
🚀 Target 1: 0.480
🚀 Target 2: 0.530
The price is consolidating at the top of a massive bullish candle, with trading volume remaining high. This usually means that the main funds have not exited but are completing a shakeout of floating positions through oscillation. The chart shows a shallow and quick pullback that is quickly supported by buying, indicating a healthy reset. As long as the price can hold above the breakout zone, market sentiment will shift from FOMO to holding positions and waiting for a rally, increasing the probability of continued upward movement. Small losses, big gains—here, we profit from the probability of trend continuation.
Trade here 👇 $PIPPIN
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