$PI ‌PI/USDT Market Analysis — Short-Term Outlook 🔍



PI has faced a notable pullback, currently trading around $0.22, down roughly 4% in 24 hours. After peaking near $0.29, the token has been consolidating, showing potential bottoming signals near $0.20.

📉 Technical Overview (1H–4H timeframe):

Support: $0.20

Resistance: $0.24 – $0.26 zone

RSI: Recovering from oversold territory — a possible short-term bounce.

Moving Averages (MA5/MA10): Indicate a bearish-to-neutral transition.

📈 Possible Scenario:
If PI maintains above $0.21, a recovery toward $0.24–$0.25 could form in the next few sessions. A break below $0.20 may extend weakness toward $0.18 support.

🧭 Mid-term View (Daily timeframe):
The trend remains under correction, but rising on-chain activity and volume suggest accumulation might be underway before a stronger rebound.
PI2.94%
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GateUser-6cde1230vip
· 17h ago
If you really knew the bottom line, would you still be so kind to post this? You would have sold your house and car long ago, and wouldn't be complaining here.
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GateUser-6cde1230vip
· 17h ago
Do you dare? If you don't dare, then just get the hell out of here.
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GateUser-6cde1230vip
· 17h ago
Since you know about buying the dip, hurry up and sell all your properties and vehicles, and just go buy the dip.
View OriginalReply0
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