$PIGGY
Price Update — Market Structure Insight
PIGGY has seen a strong price expansion driven mainly by its low market capitalization and liquidity imbalance. With a market cap under $2M and relatively thin on-chain liquidity, even moderate buy pressure was enough to trigger a sharp upside move. The sudden vertical wick on the chart reflects a liquidity grab rather than a full distribution event, as price quickly stabilized instead of collapsing. This behavior usually indicates whale testing and early price discovery rather than a blow-off top.
After the spike, PIGGY formed a healthy pullback and began consolidating above its previous accumulation zone. Holder count remains stable, showing no major panic selling, while volume has normalized instead of disappearing — a positive sign for trend continuation. As long as price holds above the key support region, the structure remains bullish in the short term. However, due to its micro-cap nature, volatility will remain high, and traders should expect sharp moves in both directions.