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【$PIPPIN Signal】Multiple callbacks, 4H bullish trend not broken
$PIPPIN 1H RSI drops from 70, MACD histogram begins to narrow, short-term bullish momentum weakens. The upper band of the 4H Bollinger Bands is briefly pierced at 0.0288 and then falls back, but EMA20 and EMA50 form strong support at 0.0262-0.0263.
Order book buy depth -1.78%, sell orders slightly more, but funding rate remains neutral at 0.0374%.
🎯Direction: Long (wait for a pullback to enter)
⚡Entry: Place order at 0.0275, current price 0.02927, patiently wait for the pullback to arrive.
🛑Stop loss: 0.02604, invalid if it breaks below support structure.
🚀Target 1: 0.02929, reduce half of the position upon reaching.
🚀Target 2: 0.02941, hold remaining position for a breakout.
🛡️Trade management:
- After reaching Target 1, reduce position by 50%, move stop loss up to entry price. If price retraces to entry, exit immediately to break even. Risk-reward ratio about 1.23, within an acceptable range in Hot Coin’s volatility rhythm, worth a shot.
Check real-time market 👇 $PIPPIN
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