At the time of writing, Pi Coin is priced at $0.353, trading just below the critical resistance of $0.360. Flipping this level into a support floor would open the door for a rally toward $0.381, marking the first step in reversing its downtrend.
If achieved, this breakout would effectively end the ongoing decline. Considering both the RSI divergence and the MACD’s sustained bullish outlook. This scenario appears increasingly likely, provided broader market conditions remain neutral to positive.
However, risks remain. Should bullish momentum weaken, Pi Coin could slip through $0.351 and drop to $0.340. Falling below this would bring the threat of testing its all-time low, invalidating the bullish outlook and causing further concern for investors.
If achieved, this breakout would effectively end the ongoing decline. Considering both the RSI divergence and the MACD’s sustained bullish outlook. This scenario appears increasingly likely, provided broader market conditions remain neutral to positive.
However, risks remain. Should bullish momentum weaken, Pi Coin could slip through $0.351 and drop to $0.340. Falling below this would bring the threat of testing its all-time low, invalidating the bullish outlook and causing further concern for investors.
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Leader in crypto news, award winning journalism in 26 languages.
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
