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【$PIPPIN Signal】Long + Volume Breakout
$PIPPIN After experiencing a 31% volume surge, the price action indicates this is a breakout driven by major players, not just a short squeeze. The market shows strong buying absorption, and after a healthy reset, the momentum is expected to continue.
🎯 Direction: Long
🎯 Entry: 0.365 - 0.372
🛑 Stop Loss: 0.345 ( Rigid Stop Loss )
🚀 Target 1: 0.410
🚀 Target 2: 0.450
The breakout of $PIPPIN is accompanied by record trading volume and increasing open interest, which are typical signals of capital inflow. The price did not retrace significantly after breaking out, indicating that selling pressure has been effectively absorbed. Retracements on lower time frames (LTF) were quickly bought back, maintaining the structure's integrity. As long as the price stays above the 0.345 support zone, resistance on the upward path is minimal.
Trade here 👇 $PIPPIN
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