📊 PI Market Update
PI has moved strongly down, and there are two key levels to watch:
🔹 Support Zone – If the price keeps retracing into this level, it could potentially bounce up, as buyers previously accumulated here.
🔹 Red Resistance Zone – Still strong with sellers. If PI moves back here, it could face rejection and push down again.
⚠️ At the moment, there is no clear sign of stabilization. Entering now carries high risk of losses. Be smart and patient.
✅ If the red resistance zone breaks out with confirmation, it could signal the trend turning bullish again.
PI has moved strongly down, and there are two key levels to watch:
🔹 Support Zone – If the price keeps retracing into this level, it could potentially bounce up, as buyers previously accumulated here.
🔹 Red Resistance Zone – Still strong with sellers. If PI moves back here, it could face rejection and push down again.
⚠️ At the moment, there is no clear sign of stabilization. Entering now carries high risk of losses. Be smart and patient.
✅ If the red resistance zone breaks out with confirmation, it could signal the trend turning bullish again.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
