PIUSDT Range Play Within a Potential Descending Triangle

4 Jun

After reaching a high of $2.9645, PIUSDT has experienced a sharp decline, establishing a base near the $0.38 zone. This base continues to hold, suggesting the formation of a potential descending triangle.

For now, the strategy is to trade the range while the structure matures. A break below $0.38 would likely trigger further downside toward $0.16, where a strong external demand zone aligns with the completion of a possible WXY corrective formation.

On the flip side, a breakout above the upper trendline of the triangle would be a strong bullish signal, potentially igniting a significant rally. Upside targets are already projected on the chart.

As the structure develops, all eyes remain on the key levels that will determine the next major move.

19 Jul

Dagangan aktif

Pi consolidation continues within the descending triangle structures.