$PI 2Hr Chart Update
A Falling Wedge pattern is forming beautifully on the 2H chart!
This is typically a bullish reversal pattern if the breakout happens cleanly.
Key Levels:
Resistance to Watch: $0.6500
Breakout Confirmation: Close above $0.6550
Support Zone: $0.6400
Price is tightly compressing inside the wedge. A breakout above $0.6550 could trigger a sharp rally.
Failure to break could cause a retest toward $0.6400.
Watch for a clear breakout candle with volume for confirmation.
Potential upside if breakout holds: 5%-8% move in the short-term!
Stay alert — a breakout could happen very soon!