【$PIPPIN Signal】Pullback to go long, buy orders reveal bottom support intention

$PIPPIN 1H level surges and pulls back, price retraces to around 0.0477. The middle band of the 4-hour Bollinger Bands and the 1-hour EMA20 form a resonance support around 0.0437. Buying depth is solid, with very thick order walls from 0.0476 to 0.0475 below, fully exposing the capital support intention. Although the MACD 1-hour histogram is contracting, the fast and slow lines remain above the zero line, and the bullish structure is intact.

🎯Direction: Long

⚡Entry/Order: Buy in batches within the 0.0435 - 0.0437 range

🛑Stop Loss: 0.0430

🚀Target 1: 0.0489

🚀Target 2: 0.0505

🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss to the entry price. If the price cannot hold above 0.0450, consider exiting early.

Position size remains stable. The price has pulled back from a high but did not trigger panic selling, indicating good chip locking. Currently, RSI is around 60, and momentum is healthy. The upper 0.0489 is the 1-hour Bollinger upper band and also a previous high resistance level. Breaking through opens up space. This position offers a high risk-reward ratio, but strict defense is necessary to avoid a quick pullback after a false breakout.

Check real-time market 👇 $PIPPIN
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