Is it just me, or does $PIPPIN ‌ look like it’s trying to trap everyone who just went short?

We had that massive wick up to 0.483 followed by a pretty scary-looking dump, but look at where it stopped. It found buyers immediately around 0.384 and has already reclaimed the 0.439 level.
The volume is sitting at 272M which is huge for this kind of price action. That tells me there’s a lot of active interest here and this isn't just some dead cat bounce.
Right now we're fighting to hold 0.44 as support. If we can consolidate here for a few hours, I wouldn’t be surprised to see another run at 0.46. However, if we lose this current level, we’re probably heading back to the 0.41 range to test the local floor again.
I’m keeping a close eye on the hourly close. If it stays green, the momentum might still be in the buyers' hands.

#JoinGrowthPointsDrawToWinGoldenBar