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【$PIPPIN Signal】Long + Volume and Price Breakout
$PIPPIN Strong breakout after a 42% increase in volume, combined with a simultaneous rise in open interest, is a typical signal of institutional entry rather than a short squeeze.
🎯 Direction: Long
🎯 Entry: 0.380 - 0.390
🛑 Stop Loss: 0.355 ( Rigid Stop Loss )
🚀 Target 1: 0.450
🚀 Target 2: 0.500
The price has broken out under massive volume, and the increase in open interest confirms the establishment of a new long position. The chart shows strong buying absorption, limited pullback, indicating market sentiment has shifted from hesitation to follow-through. The current price consolidates above the breakout level, serving as a healthy reset, preparing for the next upward push. As long as volume sustains, the upward structure will remain intact.
Trade here 👇 $PIPPIN
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