Positive factors: 1. The historical price of PI once broke through $3.14 (ATH) 2. RSI is still at 44.56 ( not yet overbought ) 3. If there is good news, it can rise rapidly.
Negative factors: 1. There is strong resistance at $0.72-$0.77 2. The market is flat/cold again. 3. However, a large trading volume is needed to break through $1.
Reality Prediction: - If it can break through $0.80, it may continue to $1 - But it may take 1-3 months. - The worst-case scenario can be tested at $0.40
Transaction Tips: 1. Gradually buy at $0.60, $0.55, $0.40 2. If it breaks $0.80, hold until $1 3. Always use stop-loss
Note: This is not financial advice, please do your own research!
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Can PI return to $1? A simple and honest analysis
Current price: $0.64583 ( today down 0.48%)
Positive factors:
1. The historical price of PI once broke through $3.14 (ATH)
2. RSI is still at 44.56 ( not yet overbought )
3. If there is good news, it can rise rapidly.
Negative factors:
1. There is strong resistance at $0.72-$0.77
2. The market is flat/cold again.
3. However, a large trading volume is needed to break through $1.
Reality Prediction:
- If it can break through $0.80, it may continue to $1
- But it may take 1-3 months.
- The worst-case scenario can be tested at $0.40
Transaction Tips:
1. Gradually buy at $0.60, $0.55, $0.40
2. If it breaks $0.80, hold until $1
3. Always use stop-loss
Note: This is not financial advice, please do your own research!