🔻 $PIPPIN — took a SHORT

I’m looking at the liquidation map — and it speaks louder than prices 👇

📌 Above the current price there is a cluster of longs
📌 Many stops and liquidations above the market
📌 The price is being pushed up without impulse
📌 Open interest is holding — positions are not closing

This is a typical situation:

the market gives hope to longs
only to later take liquidity.

⸻

🧠 Short logic
• First, gathering liquidations from above
• Then a sharp impulse down
• Most don’t manage to exit