【$PIPPIN Signal】Pullback to buy, main force clearly intends to defend the market

$PIPPIN 1H timeframe just sharply pulled back from the upper Bollinger Band, buy orders are unusually thick around 0.0542, with over 370,000 units resting there. 4-hour MACD shows a bullish crossover below zero, histogram bars are continuously shrinking, indicating weakening bearish momentum. Open interest remains stable, funding rates are healthy, and there is no short squeeze risk.

🎯Direction: Long

⚡Entry/Order: Accumulate in the 0.05237 - 0.05282 range

🛑Stop-loss: 0.04857

🚀Target 1: 0.06981

🚀Target 2: 0.07831

🛡️Trade Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop-loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

This rapid dip to 0.05283 saw huge volume but the price quickly rebounded, with selling pressure being rapidly absorbed. The 1-hour RSI stabilized around 46, not entering oversold territory, indicating a healthy correction. Combining order book data, sell orders at 0.0544 reach up to 1.74 million units, creating short-term resistance, but the support below is more concentrated and persistent. Under this structure, the main force’s intention to support the price is fully exposed, with a risk-reward ratio exceeding 4:1, making it a good opportunity to position for a rebound.

View real-time market 👇 $PIPPIN
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