【$PIPPIN Signal】Long | Short squeeze confirmed, deep imbalance supports breakout

$PIPPIN After a volume breakout above the previous high resistance on the 4H timeframe, the price is consolidating strongly at a high level. The price stays close above the EMA20, with significantly thicker buy orders than sell orders, indicating a typical institutional support and accumulation structure.

🎯 Direction: Long

🎯 Entry: 0.458 - 0.468

🛑 Stop Loss: 0.435 ( Break below the previous 4H candle body low, rigid stop loss )

🚀 Target 1: 0.505

🚀 Target 2: 0.545

Market analysis: RSI reaches 86.74 indicating overbought conditions, but funding rate is only 0.005%, and open interest remains stable. This rules out the possibility of major players pushing the price up to dump, instead pointing to the early stage of a short squeeze. Deep imbalance hits 19.95%, with buy walls (Bids) far thicker than sell walls (Asks), showing strong support below.

Core logic: Price action shows volume-driven bullish candles breaking out, then retracing with reduced volume, indicating healthy reset. Key support has shifted from the previous high resistance of 0.435 to a strong support level. Combined with order book depth and stable open interest, there is no panic selling pressure, and major players aim for higher levels. ATR is 0.0367, making stop loss placement reasonable, with a risk-reward ratio >2.5, offering a clear mathematical advantage.

Trade here 👇 $PIPPIN

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