🔥【PI/USDT Crash Warning】4-hour Death Cross Confirmed! Current Price $0.554, Dropped Nearly 5% in 24 Hours!

📉 Rapid Decline: PI perpetual contract currently at $0.554, down -4.84% in 24 hours, having breached key moving average support!

⚠️ Deteriorating Technicals:

- MACD Death Cross Accelerating: DIF (-0.224) crosses below DEA (-0.204), green bars expand to -0.02029

- Dual Moving Average Pressure: MA5 ($0.644) and MA10 ($0.696) show a bearish arrangement

- Abnormal Trading Volume: 24-hour trading volume exceeds $26.28 million, selling pressure continues

🔍 Key Data:

▫️ 24H Volatility Range: $0.523 - $0.585 (Amplitude reaches 11.8%!)

▫️ Current Price vs Cost Price: Current Price $0.554 << Market Average $0.6505 (Most positions are at a loss)

▫️ Network Trading Volume Ranking: NO.10 (Main trading on Gate.io)

🚨 Risk Warning:

1️⃣ Risk of liquidation of leveraged contracts has surged (current leverage rate unknown)

2️⃣ No signs of stabilization at the 4-hour level, with support seen at $0.523

3️⃣ MACD indicator shows bearish momentum continues to amplify

Operational Advice: Focus on short-term observation, do not blindly bottom fish! Wait for volume to signal a stop to the decline.

→ Watch resistance level: $0.585 (previous high), support level: $0.523 (intraday low)

#June Market Forecast#