$PI Current Price: $1.2737 (up +51.38% in 24h)
• 24h High: $1.3064
• Technical Indicators:
• RSI(30): 64.53 (approaching overbought territory)
• Strong bullish candles with recent breakout above resistance
• Bollinger Bands show price exceeding the upper band (UB: 1.0484), signaling possible overextension
• Strong volume (547.14M PI in 24h)
Short-Term Prediction (Not Financial Advice):
Given the bullish momentum, if the trend continues:
• Next resistance target could be around $1.39 – $1.40, aligning with the previous candle wick.
• If broken $1.40 then, psychological resistance at $1.50 is likely.
• However, RSI nearing 70 suggests possible short-term pullback or consolidation soon.