🔥$pippin Strong Uptrend (Correcting from extremes)
• K-line shows a classic breakout-retest pattern: strong rally from 0.30 breaking all resistances, now testing the 0.52-0.56 zone and forming a small consolidation.
• The latest hourly candle closed as a doji (0.534) at the upper Bollinger Band, indicating indecision.
• Recent 1H candles show declining volume during advances concerning divergence.
• Consistent net inflows across all timeframes (24H: +23.5M USDT) confirms institutional money flow. However, recent 1H outflow (-6.8M) suggests profit-taking beginning.
Entry long $PIPPIN
• Ideal entry near 0.475-0.485 (MA5/MA10 confluence zone)
• Alternatively, wait for break above 0.568 (24h high) with volume confirmation
Stop-Loss: 0.454 (3.5% below entry)
Target Price $PIPPIN : 0.581-0.627
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