$PIPPIN ๐ฅ
PIPPIN leads memecoins with 69% surge โ Traders now eye THESE levels
While most memecoins declined, Pippin [PIPPIN] surged 69% in 24 hours on the 28th of January. Trading volume spiked over 600%, while Open Interest jumped sharply as speculative demand surged.
The rally pushed PIPPIN into a critical decision zone. Momentum traders stayed aggressive, but profit-taking risk rose near resistance.
2 liquidity clusters on Pippin
Tracking PIPPINโs Liquidation Heatmap on CoinGlass revealed two critical clusters at $0.55 and $0.47. A drop toward $0.47 would likely have triggered long liquidations, accelerating downside pressure.
By contrast, holding above $0.55 could have forced short liquidations, fueling an upside squeeze. That setup left price action highly reactive to intraday sentiment shifts.
Final
PIPPINโs sharp rally highlighted speculative momentum, but Liquidity Clusters and smart money positioning elevated downside risk.
The memecoinโs trajectory hinged on holding $0.47 support and reclaiming its all-time high convincingly.