$PIPPIN
recorded a significant short liquidation at $0.51978, larger than the others listed, which suggests a strong squeeze event. When short liquidations occur with size, it typically confirms an aggressive bullish impulse rather than a simple relief bounce.
Price has broken above its recent consolidation ceiling and is holding above $0.5000, a psychological and structural level. Liquidity rests above recent highs, creating a natural magnet for continuation.
Trend: Bullish breakout with higher high confirmation.
Momentum: Strong upward impulse supported by short squeeze.
Liquidity: Buy-side liquidity remains above the current range.
Bias: Bullish continuation.
EP: $0.5150 – $0.5250
TP1: $0.5600
TP2: $0.5900
TP3: $0.6300
SL: $0.4820
Trend strength is expanding after reclaiming range resistance.
Momentum remains positive with aggressive displacement candles.
Price is likely to continue higher to capture remaining upside liquidity.
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