🔥 PI/USDT Perpetual Contract Real-Time Report | Bears Strongly in Control!

📉 Core Data

- Current Price: 0.54292 USDT (24H Change -2.03%)

- Price Range: 0.52241 - 0.56350 USDT

- 24H Trading Volume: 57.59 million PI (approximately 31.15 million USDT)

📊 Key Technical Signals

1. Moving Average Pressure:

- MA5 (0.6421) and MA10 (0.6953) have formed a death cross downward, with the current price below all short-term moving averages, indicating a clear bearish arrangement.

2. MACD Accelerating Downward:

- DIF (-0.225) has crossed below DEA (-0.204), and the MACD histogram (-0.021) continues to expand, increasing bearish momentum.

3. Bollinger Bands Opening:

- The price is close to the lower band (around 1.524), with the channel expanding downward, volatility is rising but no reversal signs are present.

⚠️ Risk Warning

- Key Defensive Level for Bulls: 0.522 (24H Lowest Point), a significant drop below this level could trigger panic selling.

- Leverage Risk: Current unrealized losses have reached -83.1 million USDT, high leverage accounts should be cautious of liquidation risks.

💡 Operational Suggestions

Bears: Consider building short positions in batches near MA5 (0.642), with a stop-loss reference at 0.563.

Bulls: Patience is key; wait for MACD bullish divergence or a volume breakout above MA10, do not blindly catch the bottom!

📌 In-Depth Insights

- Current trading volume has shrunk compared to the previous day, with a strong market wait-and-see sentiment. If the price continues to be under pressure below 0.55, it may test the psychological level of 0.50 in the medium term.

Disclaimer: The above is merely data analysis and does not constitute investment advice. Contract trading involves extremely high risks, please make cautious decisions!

#June Market Forecast#