You see that wick? Someone just pulled a fast one on the market.
Okay, let's be real about $PIGGY . This is textbook vertical launch, followed by a hard rejection. Look at the length of that top wick above $2.40. That's a massive area of selling pressure. Someone was taking heavy profits, or the team dumped on retail. The key right now is this $1.67 level. It caught the fall, acting as temporary support. Next move? If it can hold $2.00 and grind sideways for a few hours, we might see a slow build. But honestly, this chart screams caution. The last candle is weak. This is the kind of setup that empties new traders' accounts. Stick to your risk management.
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You see that wick? Someone just pulled a fast one on the market.
Okay, let's be real about $PIGGY . This is textbook vertical launch, followed by a hard rejection.
Look at the length of that top wick above $2.40. That's a massive area of selling pressure. Someone was taking heavy profits, or the team dumped on retail.
The key right now is this $1.67 level. It caught the fall, acting as temporary support.
Next move? If it can hold $2.00 and grind sideways for a few hours, we might see a slow build. But honestly, this chart screams caution. The last candle is weak.
This is the kind of setup that empties new traders' accounts. Stick to your risk management.
#piggy #TopDipPicks