【$PIPPIN Signal】Long | Healthy Cooldown After Explosive Breakout

$PIPPIN After a single-day surge of over 40%, it has formed a narrow consolidation at high levels. This is a typical healthy cooldown after a breakout, not a top-out sell-off.

🎯Direction: Long

🎯Entry: 0.263 - 0.268

🛑Stop Loss: 0.246 (Rigid Stop Loss)

🚀Target 1: 0.295

🚀Target 2: 0.325

Hardcore Logic: On the 4H chart, after a massive bullish candle breakout, the price consolidates tightly above the breakout level with very weak selling pressure. Supporting data: 1) Open Interest (OI) remains stable after the price surge, indicating it’s not a short squeeze but genuine new longs entering. 2) Taker Buy Volume continues to dominate, showing main buyers are still absorbing. 3) Funding rate is slightly negative, providing healthy leverage space for further upward movement. The current consolidation is a typical “air refueling,” and as long as it doesn’t break below the midpoint of the massive candle (~0.25), the higher probability path is upward continuation.

Trade here 👇 $PIPPIN

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate广场创作者新春激励