$PIPPIN Long Liquidation: $1.638K at $0.45985
Long traders were caught as PIPPIN failed to hold the local support zone and rolled over sharply. Buyers entered expecting continuation, but selling pressure increased near resistance, triggering stops and forcing a clean liquidation below the range. Liquidity was taken efficiently, showing short-term control shifted back to sellers.
Entry (EP): $0.46600
Take Profit (TP): $0.44000
Stop Loss (SL): $0.47500
Market Outlook:
$PIPPIN is showing short-term bearish pressure after losing the liquidation level. If price remains below this zone, further downside or sideways consolidation is likely. Bulls will need a strong reclaim with volume to regain momentum. Trade patiently and manage risk strictly.
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