$PIPPIN Update: Market Insights & Trade Plan

Short Liquidation Alert: $1.8136K at $0.36638

Technical Overview:

Support: $0.358 – $0.362

Resistance: $0.372 – $0.376

PIPPIN is showing strong bullish momentum after the recent short liquidation. The market indicates that buyers are stepping in around the support zone, giving potential for a steady uptrend. Watch for a breakout above $0.372 for confirmation of continued strength.

Trade Strategy:

Entry: Consider entering long around $0.364 – $0.366

Take Profit: $0.372 – $0.376

Stop Loss: $0.358

Market Insight: Short-term traders may see quick gains if momentum continues, while swing traders should monitor support levels for a safer entry. The next move likely depends on volume; a push above resistance could signal a further bullish leg.

Key Tip: Stay alert for sudden retracements near $0.372. Conservative traders may wait for a confirmed break above resistance before entering.

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