【$PIPPIN Signal】Long + Short Squeeze Breakout

$PIPPIN On the 4-hour chart, volume broke above the previous high of 0.414. Currently, it is consolidating strongly at high levels, with deep imbalance indicating robust buying pressure.

🎯Direction: Long

🎯Entry: 0.440 - 0.444

🛑Stop Loss: 0.425 (Break below the 4-hour low of 0.44244, rigid stop loss)

🚀Target 1: 0.480

🚀Target 2: 0.520

Hardcore logic: Price has already broken above the EMA20(0.3286) and moved away, establishing the trend. Key data resonance: 1) Funding rate at 0.0397% is positive but not overheated, indicating no short squeeze end signal; 2) Open interest remains stable, combined with rising prices, suggesting new funds are driving the move rather than short covering; 3) Depth imbalance is as high as 35.47%, with buy orders far exceeding sell orders. The order book shows 3,418 dense buy orders around 0.4444 protecting the price, indicating institutional accumulation.

Although RSI(85) shows overbought conditions, the influx of funds (OI stable), deep order book support, and breakout structure are typical features of a strong short squeeze market. Price consolidates with reduced volume above the breakout level, indicating healthy reset. Stop loss is set below the recent support, with a risk-reward ratio >2.5.

Trade here 👇 $PIPPIN

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