$PIPPIN saw a long liquidation around $0.28398, indicating a downside sweep that flushed weak long positioning and briefly intensified selling pressure. Price is now sitting near a key support band around $0.270–$0.280 where demand previously emerged. Holding above this zone keeps rebound scenarios active with immediate resistance near $0.300–$0.315, followed by a higher target around $0.340 where prior supply was present. Liquidation sweeps often reset momentum and allow cleaner rebounds once selling pressure slows. A break below $0.270 would weaken the setup and open room toward $0.250 before stabilization. Overall structure points toward potential recovery if support holds. $PIPPIN #CelebratingNewYearOnGateSquare
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$PIPPIN saw a long liquidation around $0.28398, indicating a downside sweep that flushed weak long positioning and briefly intensified selling pressure. Price is now sitting near a key support band around $0.270–$0.280 where demand previously emerged. Holding above this zone keeps rebound scenarios active with immediate resistance near $0.300–$0.315, followed by a higher target around $0.340 where prior supply was present. Liquidation sweeps often reset momentum and allow cleaner rebounds once selling pressure slows. A break below $0.270 would weaken the setup and open room toward $0.250 before stabilization. Overall structure points toward potential recovery if support holds. $PIPPIN #CelebratingNewYearOnGateSquare