【$PIPPIN Signal】Long Position - Short Squeeze Continues

After a volume breakout on the 4H timeframe, the price consolidates strongly above the previous high resistance zone. The price remains above the EMA20, and the depth imbalance indicates that selling pressure is being continuously absorbed.

🎯Direction: Long

🎯Entry: 0.468 - 0.472

🛑Stop Loss: 0.445 $PIPPIN Breaks below the previous 4H candle's real body low, rigid stop loss(

🚀Target 1: 0.505

🚀Target 2: 0.535

Hardcore logic: Three consecutive volume-increasing bullish candles on the 4H chart establish the trend. Although RSI) is at 87( and in overbought territory, the funding rate is only 0.0121%, indicating no extreme greed. Open interest remains stable, and combined with the buy order depth significantly thicker than the sell orders (depth imbalance -41.83%), this is not just retail FOMO but a healthy short squeeze supported by institutional buying. The price forms a dense trading zone around 0.474, creating a new support level. ATR)0.0381( indicates increased volatility. The stop loss is placed below the real body low of the previous 4H candle, effectively filtering noise. Risk-reward ratio >2.0, fitting a high-probability trading framework.

Trade here 👇 )
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