$PIPPIN $PIPPIN
Market Analysis
PIPPIN remains in a strong short-term uptrend, though momentum indicators are beginning to signal overbought conditions.
Recent 1-hour candles show a notable increase in volume during upside expansion, with approximately 161M in volume during the breakout, supporting the move with clear evidence of active buying rather than thin liquidity.
Capital Flow:
Derivatives data reflects improving short-term momentum, with net contract inflows of +297K (1H) and +613K (2H). While longer-term flows remain mixed, these short-term inflows suggest renewed buying pressure and trader participation.
Trade Plan (Long Bias)
Primary Entry:
Pullback into 0.203 – 0.205, aligning with the upper Bollinger Band zone
Alternative Entry:
Confirmed breakout above 0.213, ideally supported by expanding volume
Stop Loss:
Below 0.190
Upside Targets:
0.220 – 0.230
As long as price structure remains intact above key support, the trend favors continuation, with pullbacks offering higher-probability entries rather than chasing extended moves.
Trade PIPPIN here 👇
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