$PIPPIN /USDT — Shorts forced out as price squeezes higher
Price is trading around $0.4897, up roughly +4.8% on the session, with an intraday range between $0.468 – $0.498.
The move was driven by short liquidations near resistance, indicating trapped sellers and sudden buy pressure rather than organic breakout volume.
Key support sits at $0.465, while resistance remains heavy near $0.500.
The short-term trend is bullish but stretched after the squeeze.
Trade Idea: If price holds above $0.47 and consolidates, continuation toward $0.52 is possible; if rejected from $0.50, expect a pullback into support
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