PI 15mins Chart Analysis Price is currently trading inside a falling wedge — a pattern often seen as a bullish reversal setup when confirmed with a breakout.
🔍 Key Observations:
Price is compressing between lower highs & higher lows within the wedge
Current range: 0.3843 (low) to 0.4050 (upper wedge resistance)
Breakout confirmation would require a close above 0.4100, ideally with volume expansion
Support at 0.3950 remains key for wedge integrity — losing it could delay reversal potential
📈 Probable Scenarios:
Bullish Case: Breakout above 0.4100 triggers short-term relief rally, potentially retesting 0.4200 zone
Bearish Case: Breakdown below 0.3950 could invalidate wedge and resume the corrective leg
This wedge could mark the early signs of seller exhaustion. Watch for breakout confirmation before anticipating stronger upside momentum.
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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。