$PIPPIN
PIPPIN experienced a long liquidation at $0.484, signaling forced buyer exits below local support. This is typically a liquidity sweep beneath range lows.
Price is now attempting to stabilize above $0.48. If buyers defend this zone and reclaim $0.50, the structure shifts back to bullish continuation. The next liquidity zone rests around $0.53 and $0.56.
EP: $0.49 – $0.50
TP1: $0.53
TP2: $0.56
TP3: $0.60
SL: $0.46
The broader structure remains constructive despite the liquidation sweep.
Momentum shows early recovery signals with reduced selling pressure.
Reclaim of $0.50 would confirm accumulation and likely drive price into overhead liquidity.
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