【$PIPPIN Signal】Long + Volume and Price Rise Breakout
After experiencing a 31% strong rally, the price is currently undergoing healthy consolidation at high levels. Combined with the massive 251M trading volume and significant increase in open interest, this is not merely retail FOMO, but a sustainable breakout driven by institutional funds entering the market.
The rally of ) is accompanied by a simultaneous increase in open interest, which is a typical sign of incremental capital driving the move rather than a short squeeze. After breaking out, the price consolidates in a narrow range at high levels, indicating very light selling pressure, with buyers absorbing all short-term profit-taking. As long as the price can stay above 0.365, this volume and price structure will support the price to move toward higher liquidity zones.
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【$PIPPIN Signal】Long + Volume and Price Rise Breakout
After experiencing a 31% strong rally, the price is currently undergoing healthy consolidation at high levels. Combined with the massive 251M trading volume and significant increase in open interest, this is not merely retail FOMO, but a sustainable breakout driven by institutional funds entering the market.
🎯 Direction: Long
🎯 Entry: 0.365 - 0.372
🛑 Stop Loss: 0.345 $PIPPIN Rigid stop loss, invalid if broken (
🚀 Target 1: 0.410
🚀 Target 2: 0.450
The rally of ) is accompanied by a simultaneous increase in open interest, which is a typical sign of incremental capital driving the move rather than a short squeeze. After breaking out, the price consolidates in a narrow range at high levels, indicating very light selling pressure, with buyers absorbing all short-term profit-taking. As long as the price can stay above 0.365, this volume and price structure will support the price to move toward higher liquidity zones.
Trade here 👇 $PIPPIN
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