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Classic launch spike → price discovery → consolidation on $BILLY.
After a vertical move toward ~0.0026, the chart shows heavy profit-taking with a steady series of lower highs.
Volume peaked during the breakout and has since faded, suggesting early liquidity rotated out.
Price is now stabilizing around ~0.0011, roughly 55–60% below the peak, where activity is starting to compress.
If buyers defend this zone, it could form a base after the initial distribution phase.
Does this level turn into accumulation for a second leg?
⚠️ Disclosure: I’m collaborating with the team to share this chart. NFA, DYOR.
📈Chart: