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$PIPPIN Signal】Long | Healthy Pullback After Short Squeeze Initiation
$PIPPIN After a single-day surge of 16%, it consolidates at a high level below the previous resistance zone. RSI(86) is severely overbought, but funding rate(0.03%) remains mild, open interest (OI) is stable, and deep buy orders are significantly thicker than sell orders(imbalance 28%), indicating a healthy reset after a typical short squeeze rather than a top.
🎯Direction: Long
🎯Entry: 0.435 - 0.445 (Rebound to the breakout level of the previous 4H candlestick and EMA20 support zone)
🛑Stop Loss: 0.415 (Break below the lo