📊 $PI bulls are back — but will it last?
After 40+ sessions of bearish control, a green candle finally printed on the 4H chart — signaling the first buyer momentum since July.
On the 2H chart:
🔴 9 EMA just crossed 🔶 15 EMA from above
✅ A short-term bullish crossover — often an early trend reversal signal
Now trading around $0.35, $PI is approaching the top of a bullish pennant.
• Break above = potential run to $0.36–$0.39
• Drop below $0.32 = breakdown risk and new lows
After a brutal July, August could bring a reversal — but confirmation is still needed.
Eyes on the next candle 🕯️