🔥🔥🔥 PI/USDT Unexpected Death Cross! 24H Plummets 7.4%, MACD Indicator Sends Strong Bearish Signal

🔥 Real-time Report (Updated at 11:03)

PI/USDT perpetual contract currently at $0.50292, a 24-hour plunge of 7.39%! Key indicators are in emergency:

➠ Technical Anomalies

- 🚨 Death Cross Confirmed: MA5 (0.6341) crosses below MA10 (0.6913), moving average system shows bearish alignment

- 📉 MACD Accelerating Divergence: MACD value -0.02356, DIF and DEA dual lines deeply underwater (-0.22897/-0.20541)

- 💸 Bullish Retreat: Current price is over 22% below the average cost price of $0.6505, selling pressure continues to intensify

⚠️ Risk Warning

1. Volume Crisis: 24H trading volume is only $18.64 million, liquidity shrinkage increases volatility risk

2. Key Levels Broken: Has fallen below previous lows of $0.47949~$0.5446 oscillation range, with no strong support below

3. Leverage Risk: Contract funding rate is not displayed, but sudden drops easily trigger a chain liquidation

🔍 On-chain Insights

- Whale addresses have net transferred out 25.66 million PI (approximately $12.9 million) in the last 24H, indicating clear signs of large holder withdrawal

- Current price has halved from last week's high of $0.63919, panic index has reached extreme levels

💡 Strategy Suggestions

▶ Short-term: Maintain bearish stance until breaking MA10, a rebound to $0.5446 could be a shorting opportunity

▶ For Contract Traders: Be cautious of leverage above 3x, watch if $0.47949 can form a double bottom

▶ For Spot Traders: Wait for MACD bars to turn red + signs of volume recovery

#PI Liquidation Warning #波段交易策略