【$PIPPIN Signal】Long | Short Squeeze Initiation, Strong Breakout

$PIPPIN Breaks through previous high resistance on the 4H timeframe with strong momentum, forming a volume-driven upward structure. Although RSI reaches 88.86, the funding rate is only 0.0070% and open interest remains stable, ruling out the possibility of major players pushing the price up to dump. It is more likely the early stage of a short squeeze. Deep imbalance at 15.39%, with significant buy-side depth, indicating institutions are continuously accumulating at key levels.

🎯 Direction: Long

🎯 Entry: 0.4950 - 0.5020

🛑 Stop Loss: 0.4645 ( Breaks below the previous 4H candle body low, rigid stop loss )

🚀 Target 1: 0.5500

🚀 Target 2: 0.5850

Core Logic: Price has stabilized above EMA20 (0.3910) and EMA50 (0.3156), confirming the trend. The key point is that, despite a 18.95% increase, open interest remains stable rather than decreasing, and the funding rate has not turned extremely positive, negating the simple assumption of “bulls overheating.” Market logic suggests “main players entering or bears being squeezed,” combined with buy-side depth advantage and continuous taker buying, indicating a short squeeze initiation. Entry point is at the first support zone after breakout (former high turn point), with stop loss set below the logical failure point of a healthy retracement, risk-reward ratio >2.5.

Trade here 👇 $PIPPIN
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