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$PIPPIN Signal】Long | Short squeeze underway, deep imbalance support
$PIPPIN Breakout above previous high on the 4H timeframe with increased volume, forming a strong upward structure. Currently trading firmly above EMA20 (0.3683). RSI (89.08) is in overbought territory, but combined with other data, there’s no reason to short.
🎯 Direction: Long
🎯 Entry: 0.495 - 0.505
🛑 Stop Loss: 0.458 ( Rigid stop loss; if it falls below previous high support and EMA20, the logic invalidates )
🚀 Target 1: 0.560
🚀 Target 2: 0.600
Market analysis: Price increased over 30% within 30 minutes, but open int