$PIPE trades at $0.018428 (+1.62%), grinding near daily support after a full post-spike unwind. Market cap sits at $3.12M with $109,423 in on-chain liquidity and 2,647 holders. FDV stands elevated at $18.43M — valuation premium remains a key overhang.
Structure: Bearish-to-neutral. Price is pinned around MA(7) at $0.018435, still below MA(25) at $0.021871 and far under MA(99) at $0.049489. Higher timeframe trend pressure remains intact despite short-term stabilization.
Price Action: After printing a sharp low at $0.010283, PIPE exploded to $0.065555 in a vertical impulse — then fully distributed. Since then, candles have tightened, volatility has collapsed, and range compression dominates around $0.018–$0.020. This is absorption or exhaustion — decision pending.
Volume: 72.58K daily volume with declining follow-through. Expansion attempts lack continuation, suggesting liquidity is thin and reactive.
Key Levels:
Support: $0.0178–$0.0165. A break reopens $0.014 and potentially the $0.010 base.
Resistance: $0.0206 (range pivot), then $0.0218 (MA25). Reclaim required to shift momentum.
Major Supply: $0.033–$0.035.
Outlook: PIPE is coiling at depressed levels after a classic blow-off and fade. Either buyers defend and reclaim $0.022 for a squeeze toward $0.03, or support fractures and the market revisits deep liquidity below. Expansion is coming — compression this tight rarely lasts.