$PIPPIN Signal】Long + 1H strong breakout, capital inflow confirmed



$PIPPIN After experiencing a brief consolidation, the 1H level broke through the previous high of 0.665 with increased volume in the last hour, creating a new intraday high of 0.6759. Currently, the price is consolidating strongly above the breakout level. The 4H level has closed bullish for several consecutive periods, with EMA20 and EMA50 forming a bullish alignment, indicating an upward trend. Open interest remains stable, and no capital outflow occurred during the price surge, showing that the main players are still in the market.

🎯Direction: Long (Long)

🎯Entry/Order: 0.652 - 0.658 (Reason: Pullback to confirm the breakout area after the surge, 1H EMA20 dynamic support )

🛑Stop Loss: 0.632 (Reason: Break below the key previous low and EMA50 support at the 1H level )

🚀Target 1: 0.695 (Reason: Resistance at the previous high and psychological level )

🚀Target 2: 0.735 (Reason: Based on the recent rally’s 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: Multi-timeframe resonance, clear trend )

- Execution strategy: When the price reaches 0.695, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.658. If the price strongly breaks through 0.695 and stabilizes, consider raising the target for the remaining position to 0.735.

Deep logic: The 1H RSI(66.25) is in a strong zone but not overheated, leaving room for further upside. The 4H RSI(79.04) is relatively high, so watch for short-term pullback, but in a strong market, it can be tolerated. Market depth shows that sell orders (asks) are relatively heavy in the 0.6548-0.6550 range, which is the first resistance zone after the breakout. Once this is absorbed, the upward movement will be smoother. Combined with a 24% rally and stable open interest, this is a typical momentum-driven market; pullbacks are opportunities to enter.

Trade here 👇 $PIPPIN

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包
PIPPIN24,87%
BTC1,01%
ETH1,33%
SOL3,13%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
FireworksVenusvip
· 6h ago
Good luck and prosperity 🧧
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)