【$PIPPIN Signal】Pullback to add long, initial short squeeze structure emerging

$PIPPIN 1H timeframe surges and pulls back, current price 0.06938. The 4-hour Bollinger Bands are opening upward, and the price pierced the upper band then retreated, a typical consolidation after a strong breakout. The 1-hour RSI has fallen from 71 to 63, indicating healthy momentum recovery. The order book shows significant buy orders accumulated between 0.0692 and 0.0693, with over 50,000 USD in support orders, demonstrating strong market defense.

🎯Direction: Long

⚡Entry: Buy in stages on pullbacks between 0.0567-0.0581

🛑Stop Loss: Below 0.0553

🚀Target 1: 0.0693

🚀Target 2: 0.0750

🛡️Trading Management:
- Execution Strategy: After reaching Target 1, halve the position, and move the remaining stop loss to the entry price. If the price cannot hold above 0.069, consider exiting all positions.

Position size remains stable during price surges, indicating it’s not purely driven by leverage but supported by real funds. Negative funding rates combined with firm prices suggest that the short squeeze fuel is accumulating. Although the 1-hour MACD histogram is contracting, the two lines remain above zero, indicating a continuation of the uptrend. The risk-reward ratio exceeds 4:1, making it worthwhile to use a smaller position to bet on trend continuation.

View real-time market 👇 $PIPPIN
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