$PIPPIN USDT PERP — Market Overview
Momentum ignition confirmed on the 1H structure after a clean bullish expansion from the 0.25 demand base. Price accelerated vertically, printing a strong impulse leg into 0.41 where short-term distribution formed. Current consolidation above 0.38 shows healthy absorption, not weakness — buyers are defending higher lows while volume cools after the breakout surge.
The trend remains intraday bullish as long as price holds above the 0.37–0.38 support belt. Market is coiling just under local resistance, signaling potential continuation if liquidity above 0.414 gets taken.
Trade Plan
EP: 0.392 – 0.401
TP: 0.428 – 0.452 – 0.486
SL: 0.368
Pro Insight
Break and hold above 0.414 opens momentum vacuum toward the mid-0.45 zone. Failure to hold 0.37 invalidates bullish structure short term. Until then, dips remain buy-favored in trend direction.
