【$PIPPIN Signal】Pullback to Long + 1H Level Strong Consolidation, Preparing for a Second Surge

$PIPPIN The 1H level has experienced a 26% surge and is currently consolidating strongly in the 0.610-0.628 range, with prices staying close above the 1H EMA20 (0.5908), refusing a deep correction. The 4H candle forms a large bullish body, establishing an upward trend, indicating a healthy pullback. Market buy orders are significantly thicker than sell orders (buy order imbalance 51.71%), and open interest remains stable, suggesting that the main force has not exited the market. This is a typical bullish continuation pattern.

🎯Direction: Long (Long)

🎯Entry/Order: 0.608 - 0.612 (Reason: Dynamic support at 1H EMA20 + recent consolidation platform lower boundary )

🛑Stop Loss: 0.595 (Reason: Break below the midpoint of the 4H bullish candle (0.602) and the 1H EMA50 support )

🚀Target 1: 0.645 - 0.650 (Reason: Previous high resistance zone + 4H Fibonacci 0.618 extension )

🚀Target 2: 0.680 (Reason: Equal measurement after breaking the previous high at 0.651 on the 1H level )

🛡️Trade Management:

- Position suggestion: Light position (Reason: Significant rally within the day, extremely high volatility )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.612. If the price strongly breaks through 0.650 and stabilizes, consider trailing the remaining position to hold for Target 2.

Deep logic: Over the past 4 hours, the price has been consolidating, but open interest (OI) remains stable without significant decline, indicating that longs are not panic-selling. The 1H RSI (65.31) has retreated from overbought territory to a healthy zone, preparing for another upward move. Market logic suggests “price rising, main force entering or shorts being squeezed,” and the current order book shows buy orders piling up, more like main force supporting the price and accumulating positions for a second rally. The funding rate of 0.0278% is still within a reasonable range, with no signs of extreme overheating.

View real-time market 👇 $PIPPIN

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