$PIPPIN Setting Up a Premium Retracement Pump Before the Drop Toward TP
$PIPPIN is trading at 0.05436, and the 4‑hour chart shows a structure that favors a pump into the 0.09000 supply zone before any meaningful downside begins. The two “x” levels highlight where liquidity sits above current price, and the market often seeks that liquidity before delivering the real move. The supply zone around 0.09000 remains unmitigated, making it a natural magnet for price.
A push into that premium area would allow sellers to re‑enter at a more favorable level, creating the ideal conditions for a reversal. Once that zone is tapped, the bearish continuation toward the TP region becomes the higher‑probability scenario. This sequence, liquidity sweep, premium tap, then reversal, aligns with how markets typically deliver deeper moves.
