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Tracking $PIPPIN's recent price action and the setup looks solid from a macro perspective.
Institutional buying showed up strong initially, then the sell pressure kicked in hard. You saw that classic panic cascade, but here's what matters—the bounce came just as quick. Price snapped right back up.
Where we stand now is interesting. After that flush, we're consolidated into a tight range. The buyers are holding ground at support levels, sellers haven't broken through resistance yet. It's that textbook coiling phase before the next directional move. Watch the volume profile here—could signal which way this breaks.
Wait, consolidation has been going on for so long. Is it really going to break out?