$PI is currently trading within a falling wedge pattern on the 30-min chart — a bullish reversal setup that often precedes sharp upside breakouts.
🔻 Price pulled back sharply after hitting a high near $0.4722
🔻 Consistent lower highs and lower lows forming the wedge
🔻 Strong demand zone observed around $0.4410–0.4430
🔻 Volume compression as wedge tightens – breakout likely soon
🟩 Support:
$0.4410 – wedge base and local low
$0.4375 – breakdown invalidation zone
🟥 Resistance:
$0.4520 – immediate breakout level
$0.4620 – upside follow-through confirmation
A breakout above the falling wedge resistance (~$0.4520) may trigger a rapid move toward $0.46+ and potentially retest highs near $0.47 - $0.50
Breakdown below the wedge would delay bullish momentum — eyes on volume and candle closes.