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【$PIPPIN Signal】Long Position: Healthy Reset After Breakout with Volume Surge
$PIPPIN After a single-day surge of 25%, it is currently undergoing a cooling and consolidation phase at high levels. The price action indicates a healthy profit-taking and liquidity reset, rather than a top reversal. The surge in volume combined with rising open interest suggests institutional funds are entering rather than purely short-term selling pressure.
🎯 Direction: Long
🎯 Entry: 0.355 - 0.365
🛑 Stop Loss: 0.335 ( Rigid Stop Loss )
🚀 Target 1: 0.400
🚀 Target 2: 0.430
The breakout of $PIPPIN has surpassed the long-term consolidation zone, accompanied by a massive volume. The current pullback is limited, and the price has stabilized above the breakout zone, indicating strong buying absorption. Market sentiment has shifted from FOMO to calmness, with no signs of panic selling. As long as the price can hold the support cluster around 0.35-0.36, the probability of a second wave driven by institutional momentum is very high.
Trade here 👇 $PIPPIN
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