🚀 $PIPE Alert: Massic Breakout in Progress! Is a New Leg Up Next?
While the broader market is navigating a "risk-off" sentiment, Pipe Network (PIPE) is defying the trend with an explosive move today! 🌊
Why PIPE is Screaming "Long" Right Now:
Insane Price Action: PIPE has surged over 308% in the last 24 hours. Looking at the 4-hour chart, we see a massive "God Candle" that has shattered previous resistance levels.
DePIN Narrative: As a decentralized cloud infrastructure project on Solana, PIPE is capitalizing on the 2026 DePIN (Decentralized Physical Infrastructure) boom. With over 24,000 global nodes already deployed, the fundamental utility is finally matching the speculative hype.
Technicals (from your chart):
EMA Cross: The short-term EMA(7) at $0.032 has violently crossed above the EMA(99) at $0.025, signaling a powerful trend shift.
Volume Surge: Trading volume has skyrocketed to over $5.8M in 24 hours, showing genuine buyer conviction rather than a low-liquidity spike.
The Pullback Play: The price reached a high of $0.065 and is now consolidating near $0.055. This "retest" of the breakout zone is often the perfect entry for a long position before the next leg up.
📈 Trading Strategy:
Entry Zone: $0.052 - $0.055 (Watch for support to hold here).
Targets: $0.065 (Previous High) ➡️ $0.080 ➡️ $0.10 (Psychological Resistance).
Stop Loss: Below $0.045 (To protect against a "fakeout" reversal).
⚠️ Risk Reminder: PIPE is a low-market-cap gem ($5.5M). This means high rewards but also high volatility. Manage your size!
#PIPE #Write2Earn