🔥Pi Network Pumps 6%! Will Geopolitics Fuel a Breakout to $0.62? 🚀🕊️
📈 Pi Network Price Analysis:
Pi Coin is showing fresh strength, rising 6% in the last 24 hours as optimism grows over potential de-escalation in the Israel-Iran conflict. This macro relief is breathing life back into altcoins, including $PI.
🧠 Chart Insight:
A falling wedge pattern is forming on the 4H chart — typically a bullish reversal signal. If $PI breaks above the upper trendline resistance, a 15% surge toward $0.62 is on the table! 📊📐
🌍 Geopolitics x Crypto:
While peace talks may cool tensions short-term, the Israel-Iran war still looms large and could inject sudden volatility. Traders should expect rapid swings as sentiment shifts.
🔑 Key Levels to Watch:
Resistance: $0.62 🔺
Support: $0.50 🔻
Wedge Breakout Target: $0.62 🎯
🧭 Trade Setup:
🔻Watch for volume on breakout above resistance
🔻Tight SL below $0.50 support zone
🔹Consider scaling in for swing trades if wedge breakout confirms
⚠️ Reminder: Pi Network isn’t yet tradable on most major exchanges — exercise caution and verify sources before trading!