【$PIPPIN Signal】Pullback to buy, main force's intention to defend the market is clear

$PIPPIN The 1H timeframe repeatedly tests around 0.052, with the 4-hour Bollinger Band lower band at 0.0423 forming an absolute line of defense. Open interest remains stable, price is resisting selling pressure, and the capital support intention is fully exposed.

🎯Direction: Long

⚡Entry/Order: Hidden buy zone between 0.0486 - 0.0496

🛑Stop loss: 0.0404

🚀Target 1: 0.0863

🚀Target 2: 0.1046

🛡️Trading management:
- Execution strategy: Reduce half of position at Target 1, move the remaining stop loss up to the entry price. If the price cannot hold above 0.055, consider exiting early.

Order book data is very interesting. Sell orders are stacked heavily above 0.0528, but the price just won't go down, a typical passive accumulation. The 1-hour MACD histogram is contracting, indicating bearish momentum is weakening. Current risk-reward ratio exceeds 4, with enough odds to cover the risk. At this position, the main force will either give up defending the market and break through directly, or it’s the last shakeout before a violent rally.

View real-time market 👇 $PIPPIN
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