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【$PIPPIN Signal】1H Strong Bullish, Capital Continues to Push Higher
$PIPPIN RSI 1H Surges to 81, Buy Volume Depth Bid/Ask Ratio Reaches 1.28, Pending Orders' Capital Support Intent Revealed. MACD 4H Histogram 0.0010, Bullish Momentum Still Expanding. Bollinger Band Upper Band 0.0210 Opening Upward, Price Running Along the Upper Band, Momentum Not Exhausted.
🎯Direction: Long
⚡Entry/Order: 0.021435 - 0.021500
🛑Stop Loss: 0.020425
🚀Target 1: 0.023112
🚀Target 2: 0.023919
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Current order book depth shows buy orders account for 52%, with dense orders around 0.0214, indicating clear willingness to support. This rally originated from a volume breakout of the previous high of 0.0208 on the 1H timeframe, with bullish traders actively pushing the price. There is some risk of chasing higher sentiment, but a risk/reward ratio of 1.5 makes short-term trading worthwhile.
Check real-time market 👇 $PIPPIN
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