$pippin just forced 1.7552K in shorts to close at 0.56857 and that’s the kind of liquidity grab that shifts momentum. Sellers pressed into resistance and got squeezed, handing control back to buyers right at a structural pivot. When short liquidations hit near breakout territory, continuation becomes the high-probability play if structure holds.

Immediate support is building around 0.5420. As long as price defends that zone, short-term momentum remains constructive. A deeper structural support sits at 0.5150, the level that must hold to protect the broader bullish framework. On the upside, 0.5950 is the first resistance barrier. A strong close above 0.6220 exposes the next liquidity pocket toward expansion.

EP: 0.5480–0.5650

TP: 0.5950

TP2: 0.6220

TP3: 0.6680

SL: 0.5080

Short term, expect volatility spikes as trapped shorts unwind and late buyers step in. Pullbacks into support are likely to see responsive demand if momentum sustains. Long term, sustained acceptance above 0.6220 transitions the structure into a higher-high sequence, positioning $pippin for a potential push toward the 0.7000 region.

Liquidity has been swept. Now it’s about whether the market builds continuation or resets for another compression before the next impulsive leg.

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