📊 PI/USDT Technical Analysis
Current Price: $1.9535
Market Overview
PI/USDT has shown explosive growth, up +1,858.50% recently, indicating strong bullish momentum. However, such rapid gains also suggest high volatility and potential for sharp corrections.
Key Levels to Watch
Resistance Zones:
$2.00 – Psychological level. A breakout above could trigger more buying.
$2.10 – $2.15 – Next resistance range if momentum continues.
Support Levels:
$1.95 – Immediate support. A drop below may indicate short-term weakness.
$1.85 – $1.90 – Stronger support area. Holding above this keeps the bullish trend intact.
$1.64 – $1.65 – Major support near the entry point. A break below could lead to a deeper correction.
💸Trading Strategy
Take Profit (TP):
TP1: $2.00 – Consider taking partial profit as psychological resistance may trigger selling.
TP2: $2.10 – $2.15 – If $2.00 breaks with strong volume, the next target zone.
Stop Loss (SL):
SL: $1.85 – To lock in profit and minimize downside risk.
✅Recommendation
Bullish Bias as long as PI/USDT stays above $1.90.
📈Watch for Breakout: If price breaks and holds above $2.00, expect continuation towards $2.10–$2.15.
📊Risk Management: Use a trailing stop to protect gains, especially in such a volatile market.