$PIPPIN — Shorts Forced Out

Liquidation Type: Short

Size: $2.1365K

Price: $0.50641

$PIPPIN saw shorts get liquidated as price pushed through resistance near the $0.50 area. This suggests buyers were strong enough to invalidate bearish positioning.

The liquidation value is modest, but the level itself is psychologically important. If price holds above this zone, it increases the odds of continuation higher rather than a pullback.

Market insight:

Shorts were likely leaning into resistance

Break above $0.50 triggered stops

Momentum continuation depends on volume expansion

pippin

Alpha

0.49563

+6.65%