$PEAQ Breaks Down

Last Price: $0.029224

24-Hour Change:-4.29%

PEAQ is breaking down, falling 4.29% to $0.029224 as it slices through a key support level. The move signals a potential shift from consolidation to a new downtrend.

On-chain metrics highlight the vulnerability. A $48.35M market cap is overshadowed by a $127.31M Fully Diluted Valuation, indicating substantial future selling pressure. With only $680,389 in on-chain liquidity spread across 8,070 holders, the asset lacks the buffer to absorb sustained selling.

The technical picture is deteriorating. Price has decisively broken below the critical Supertrend support at $0.031561 and has fallen from the $0.03666 resistance zone. It now battles at the $0.02922 level, with the next significant support far below at $0.02805.

Momentum is turning negative. The failure to hold $0.03156 is a major bearish signal. Any attempt to recover will face immediate and heavy resistance at the $0.03202 to $0.03156 zone. A close below $0.02922 confirms the breakdown and targets a test of $0.02805. The structure is weakening.

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