$PI Token Will Be Rug?
Could the sudden sell-off indicate insider activity or loss of investor confidence?
(Read more 👇)
🔹The market is currently in a high-volatility equilibrium, searching for direction.
🔹There’s no definitive on-chain proof that the team dumped tokens, but the sudden sell-off and volume profile do raise insider-selling suspicions.
🔹Holding above $1.30 could allow for a recovery; if that level fails, downside targets emerge in the $1.10–$0.90 area.
Note: My idea, the long lower wick during the crash signals that liquidity grabs occurred - stop orders both above and below were swept out.
‼️Don't miss take your risk minumum when you trade a token/coin.
Always #DYOR 🩶
Could the sudden sell-off indicate insider activity or loss of investor confidence?
(Read more 👇)
🔹The market is currently in a high-volatility equilibrium, searching for direction.
🔹There’s no definitive on-chain proof that the team dumped tokens, but the sudden sell-off and volume profile do raise insider-selling suspicions.
🔹Holding above $1.30 could allow for a recovery; if that level fails, downside targets emerge in the $1.10–$0.90 area.
Note: My idea, the long lower wick during the crash signals that liquidity grabs occurred - stop orders both above and below were swept out.
‼️Don't miss take your risk minumum when you trade a token/coin.
Always #DYOR 🩶
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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