$PIPPIN Long Liquidation Alert

A $2.0299K long liquidation just occurred at $0.31821, signaling that bullish traders were forced out as the price moved downward. Long liquidations often create sudden selling pressure because positions are automatically closed, pushing the price lower. This indicates short-term weakness and suggests the market may test lower support zones if selling momentum continues.

Trade Setup Idea (Short Bias):

EP (Entry Price): $0.315

TP (Take Profit):

• TP1: $0.295

• TP2: $0.270

SL (Stop Loss): $0.335

SL Entry Level Kay Sat: If price moves above $0.335, the bearish setup becomes invalid.

Watch trading volume, liquidity zones, and overall market sentiment closely. If additional long liquidations appear below current levels, the downside move could accelerate quickly. Always manage risk and avoid over-leveraging in volatile market conditions.

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