As I mentioned in my previous post, $PI needs to break above the $0.80 level for a sustainable upward move. Otherwise, every reaction from this area will continue to create price pressure.
#pi Despite the risk, I'm starting to add to my spot position at this level. I have a short-term expectation of a 2-3x return. With this in mind, I'm aiming to take profits in the short term rather than holding for the long run.