【$PIPPIN Signal】Weak rebound, funds supporting the bottom, ambush for a pullback

$PIPPIN 1H level surge and fall back, the upper shadow pierced the Bollinger upper band and was quickly crushed back. The 4-hour MACD shows a bullish crossover below, but the momentum bars are shrinking, raising doubts about the sustainability of the bulls' attack. The order book shows unusually thick buy-side depth, with heavy sell walls below 0.0438, fully exposing the funds' support intention. Under this structure, chasing the high directly carries significant risk, but there is strong willingness to support at lower levels, and the risk-reward ratio makes waiting for a pullback worthwhile.

🎯Direction: Long(Order)

⚡Entry/Order: 0.0406 - 0.0425 zone, staggered entries

🛑Stop loss: Above 0.0425

🚀Target 1: 0.03298

🚀Target 2: 0.02917

🛡️Trading 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 into the entry zone, exit automatically to protect capital.

The hourly RSI hovers around 57, not entering the overbought zone, leaving room for upward movement. Position holdings remain stable, not fleeing with sharp price fluctuations, indicating a significant divergence between bulls and bears but no outright collapse. Combined with the imbalance in buy-side depth and the price still above the EMA20 on the 1H chart, a pullback to the suggested zone is a manageable risk point. Currently, the funding rate is slightly high, so caution is advised against profit-taking pressure at higher short-term rally points.

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