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【$PIPPIN Signal】Long + Breakout with High Volume
$PIPPIN Strong breakout after a 53% surge in volume, with open interest rising simultaneously. This is a typical signal of institutional entry, not a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.470 - 0.485
🛑 Stop Loss: 0.450 ( Rigid Stop Loss )
🚀 Target 1: 0.550
🚀 Target 2: 0.620
Price action shows strong buying absorption. After a massive breakout, there was no deep retracement, indicating market sentiment has shifted from hesitation to FOMO. High open interest fuels subsequent volatility. Logically, this is a momentum follow-up with a clear stop loss, and a risk-reward ratio greater than 2:1.
Trade here 👇 $PIPPIN
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