$PIPPIN just triggered a short liquidation, and this kind of correction is healthy. It’s shaking out weak positions and letting the market reset, which often builds a stronger base for the next move.

Trade Setup:

Entry Zone: $0.345 – $0.348

Target 1: $0.355

Target 2: $0.362

Stop Loss: $0.342

I’m watching this zone closely because it has acted as previous support and aligns with the 0.382 Fibonacci retracement from the recent swing. They’re building strength around $0.347, and if this level holds, PIPPIN could easily push toward $0.362.

The $1.79K short liquidation at $0.34977 shows buyers stepping in decisively. If volume confirms, this zone becomes an attractive entry for the next leg up.