$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
PIPPINUSDT
Perp
0.50176
+8.58%
