$PIGGY — Parabolic Spike → Deep Pullback | Structure Reset PIGGY just printed an extreme expansion move, exploding from $0.020 to $0.215 in a single impulsive leg (+900%+). As expected after a vertical push, price entered a heavy distribution phase, giving back gains through a controlled but persistent sell-off.
Price is now trading around $0.058, showing early signs of stabilization after the cooldown. This zone is critical — it’s where momentum either builds a base or fully unwinds.
Key observations: • Vertical impulse → no structure support built above
• Healthy but deep retracement into value
• Selling pressure is slowing, candles tightening
• Volatility still elevated — not dead yet
Important levels: • Local support: $0.050 – $0.055
• Range resistance: $0.070 – $0.080
• Major liquidity high: $0.215
• Failure level: Below $0.045
If PIGGY can base above $0.05 and reclaim $0.07 with volume, a secondary expansion becomes possible.
Until then, this remains a high-risk, high-volatility structure — patience > FOMO ⚠️📊
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#Piggy here
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