PIPPIN retests KEY level after 10% price drop - Will bulls step in?
Tech PIPPIN retests KEY level after 10% price drop – Will bulls step in？ Pippin [PIPPIN] has cooled off after three straight days of gains as the token slipped 10% over the past 24 hours, at press time. The pullback followed a strong rebound from the last demand zone, where buyers stepped in and pushed prices higher. That recovery has now paused, but the broader setup has not fully broken down. What matters most here is that the token has returned to the same demand zone, and, so far, it is still holding. Price is correcting, but it has not lost the level that supported the earlier bounce. That makes the short-term structure fragile but still intact. Liquidations have reset part of the move The latest pullback has already cleared a portion of overheated positioning. Long liquidations have reached roughly 270K during the correction, which suggests some weaker bullish exposure has already been flushed out. That kind of reset often matters more than the drop itself. When long positions get cleared while the price remains above support, the market can become less crowded and more stable. In simple terms, the correction removes excess leverage without fully damaging the structure. This is typically where reversals begin, only if