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$PIPPIN Signal】Long | Healthy Consolidation After Short Squeeze Initiation
$PIPPIN After a single-day surge of 39%, it has formed a narrow range consolidation at high levels, which is a typical healthy reset after a short squeeze, not a top.
🎯Direction: Long
🎯Entry: 0.355 - 0.357
🛑Stop Loss: 0.331 (Rigid stop loss, below the previous 4H low and EMA20 support)
🚀Target 1: 0.377 (Previous high resistance)
🚀Target 2: 0.400 (Psychological integer level)
Market Analysis: Continuous volume-increasing bullish candles on the 4H chart broke through, with the last candle showing reduced volume side