【$PIPPIN Signal】Long Position: Healthy Consolidation After Breakout

$PIPPIN After volume breakout, the price enters a high-level consolidation, which is a typical healthy reset after a breakout, not a top.

🎯 Direction: Long

🎯 Entry: 0.395 - 0.405

🛑 Stop Loss: 0.380 ( Rigid stop loss, invalid if it breaks below previous high support and EMA20 )

🚀 Target 1: 0.446 ( Previous high )

🚀 Target 2: 0.480 ( Fibonacci 1.618 extension level )

Market Analysis: On the 4H timeframe, after volume breakout, the price consolidates strongly in the 0.38-0.42 range without a deep retracement. Buying interest continues around 0.395, indicating clear support from major players.

Core Logic: RSI(83.66) is in overbought territory, but funding rate (+0.005%) remains moderate, open interest is stable, eliminating short squeeze risk. Depth imbalance (-20.8%) shows thin sell orders, with buy volume concentrated at 0.4209-0.4210, forming immediate support.

Key Data Resonance: Price holds above EMA20(0.3142), ATR(0.0361) indicates healthy volatility, buy/sell ratio (0.55) shows strength in the latest candle. This is a classic trend-following scenario—breakout, consolidation, then another breakout. Stop loss is set at the invalidation point (below previous high), with a risk-reward ratio >2.0.

Trade here 👇 $PIPPIN

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