【$PIPPIN Signal】Short | Funding Rate Overheated + Main Force Long Liquidation + RSI Divergence Resonance

After a single-day surge of 22%, $PIPPIN formed a four-hour upper shadow around 0.492, with RSI reaching as high as 83.42, indicating severe overbought conditions. Market depth imbalance is -15.25%, with a significant accumulation of ask orders, showing heavy selling pressure above.

🎯 Direction: Short

🎯 Entry: 0.472 - 0.482

🛑 Stop Loss: 0.495 ( Rigid stop loss, invalidated if breaking previous high and shadow high logic )

🚀 Target 1: 0.435 ( Previous support turned resistance & Fibonacci 0.382 retracement level )

🚀 Target 2: 0.395 ( EMA20 and previous wave low )

Hardcore logic: This is a classic “Triple Resonance” shorting setup. 1) Funding rate is as high as 0.0532%, making long positions very costly and indicating potential reversal. 2) Open interest (OI) trend is “Stable,” not increasing significantly after a sharp price rise, implying main force is not continuously adding positions, possibly taking profits or retail chasing high. 3) Four-hour RSI (83.42) shows divergence with price, indicating waning buying momentum.

Market psychology: After a sharp rise, buying power is exhausted in one go. Order book shows thicker sell walls than buy walls, indicating smart money is distributing at high levels. Price has moved far from EMA20 (0.3767), suggesting mean reversion is needed. ATR is 0.0416, making stop loss placement reasonable, with a risk-reward ratio >2.5.

Trade here 👇 $PIPPIN

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