$PIPPIN
📊 PIPPINUSDT – 4H Chart | Breakout Continuation Perspective
Quick Context
• Current Price: ~0.435–0.438
• Strongly broke out of the accumulation zone, closed above the old peak 0.43
• EMA50 & EMA100 trending up, price above all EMAs → clear uptrend
Indicators
• RSI(6/12/24): 81 / 73 / 67 → short-term overbought but no divergence yet
• MACD: Positive histogram, MACD line expanding → bullish momentum remains
• Volume: Surged during the breakout, then stabilized → valid breakout
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🎯 Proposed Trading Scenario
Priority: LONG in line with the trend
• Entry 1 (safe): 0.420 – 0.425 (retest EMA50 / breakout zone)
• Entry 2 (risky): around 0.435 if it holds above 0.43 with low volume
Take Profit
• TP1: 0.454 – 0.458 (24h peak)
• TP2: 0.470 – 0.485
• TP3: 0.52 (if the market continues to be bullish)
Stop Loss
• SL: below 0.398 (loss of EMA50 + bullish structure)
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⚠️ Quick Notes
• High RSI → do not FOMO all-in
• Waiting for a retest will optimize R:R
• If the 4H candle closes below 0.42 → cancel short-term long scenario
