$PIPPIN just swept liquidity aggressively from the lower range around 0.432, and buyers stepped in instantly after the flush.
What happened
This was a textbook shakeout. Sellers forced price down rapidly to grab stops, but the move failed. Control flipped fast, and the response was sharp and clean. That’s demand showing up — not fear.
Market structure
After the impulsive push into the 0.50 area, price corrected hard and wiped out weak longs. The rebound from 0.432 was immediate and strong. Since then, we’re seeing higher lows forming, confirming momentum has shifted back to the bulls. This looks like a reset before continuation, not distribution.
Entry zone
0.468 – 0.485
Targets
TP1: 0.505
TP2: 0.535
TP3: 0.580
Stop loss
Below 0.445
Why this setup works
It’s a classic liquidity grab: stops taken below support, sellers exhausted, buyers step in and reclaim structure. Price is now rebuilding the prior range level by level. As long as higher lows hold, a move back toward — and above — the highs is very
much in play.
Locked in.
Time to trade $PIPPIN 🚀
