$PIPPIN is showing clear momentum dominance but the market is entering a decision zone.
Price has surged aggressively over the last 24 hours, pushing structure firmly bullish. However, after such a sharp expansion, short-term signals suggest momentum is starting to cool while higher-timeframe strength remains intact.
Key observations: • Price is stretched far above recent lows and trading near the upper volatility band • Open interest and participation have expanded rapidly alongside price confirming trend strength • Shorter timeframes are printing rejection wicks with slowing volume, hinting at temporary exhaustion • Capital continues flowing in on higher timeframes, while very short-term inflows are easing
This sets up a trend-continuation, not a chase scenario.
Trade plan for $PIPPIN : • Optimal long zone: 0.355 – 0.365 area on a controlled pullback • Alternative: light position near current price only with strict risk control
Risk management: • Invalidation below: 0.340
Upside levels to watch: • First objective: 0.400 • Extension target: 0.430
Momentum is still on the bulls’ side patience decides entry quality here. Trade structure, not emotion.