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$PIPPIN Signal】Long - Strong breakout on the 1H timeframe followed by high-level consolidation, with clear capital support intentions
After experiencing a massive rally, the 1H timeframe is consolidating strongly around 0.62. The 4H timeframe has formed a volume breakout with a large bullish candle, establishing the trend. Currently, the 1H RSI
$PIPPIN is at 83(, indicating overbought conditions, but the price is refusing to undergo a deep correction, and the order book buy depth (bid_ask_ratio_depth: 1.47) is significantly thicker than the sell side, showing strong support from major funds.