🚨📊 PI Update
PI has formed a bearish head and shoulders pattern,
and the price is dropping as expected from this structure.
What we want to see now is the price coming back up
and testing the red resistance zone 🔴.
If
PI manages to break out above this red resistance,
it could signal that the trend is turning bullish again
and buying pressure is returning.
This breakout will be the key confirmation for momentum shifting.
PI has formed a bearish head and shoulders pattern,
and the price is dropping as expected from this structure.
What we want to see now is the price coming back up
and testing the red resistance zone 🔴.
If
PI manages to break out above this red resistance,it could signal that the trend is turning bullish again
and buying pressure is returning.
This breakout will be the key confirmation for momentum shifting.
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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.
免责声明
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.