$PIPPIN Trade Setup (Bullish Bias)
Avoid shorting $PIPPIN for now. Market structure suggests another upside move, with a potential push toward the $0.25 zone. There is heavy short interest above current price, and a liquidity sweep in that area could fuel a squeeze-driven rally.
Key observations supporting a long setup:
Open Interest, CVD, and volume remain strong even with negative funding.
Negative funding indicates shorts are crowded, which often attracts a squeeze.
Price is approaching a zone where stop-loss clusters could be triggered.
Long Setup
Entry: $0.185–$0.195
Targets: $0.215 / $0.225 / $0.240 / $0.252
Stop-loss: $0.165
Trade with discipline and manage risk carefully. This is not financial advice; do your own research.
