#pi
PI/USDT Analysis on 1H & 4H Timeframes
📊 1-Hour (1H) Chart Analysis:
✅ Observations:
Price dropped from $2.20 to find support near $0.91.
The lower Bollinger Band is at $0.73, indicating a potential support zone.
MACD is still negative, but selling pressure appears to be weakening.
Volume has increased slightly, suggesting some buying interest.
✅ Trading Strategy (1H):
Entry: $0.91 - $0.96
Stop Loss: $0.85
Target 1: $1.27 (Immediate Resistance)
Target 2: $1.50 - $1.60 (Middle & Upper Bollinger Bands)
Major Resistance: $2.00 - $2.20 (Previous High)
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📊 4-Hour (4H) Chart Analysis:
✅ Observations:
Price dropped sharply but is now stabilizing (consolidating).
Support at $0.91 - $1.00 appears strong; if the price bounces from here, an upward move is likely.
MACD bearish momentum is weakening, and RSI is in the oversold zone, which signals a potential reversal.
If the price breaks above $1.27, the next targets are $1.60 - $1.80.
✅ Trading Strategy (4H):
Entry: $0.91 - $0.96
Stop Loss: $0.85
Target 1: $1.27
Target 2: $1.50 - $1.60
Target 3: $1.80 - $2.00
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📌 Final Conclusion (1H & 4H):
$0.91 - $0.95 is a good entry zone for a potential reversal.
$1.27 - $1.60 is a strong resistance zone, so partial profit-taking is advisable.
If price breaks below $0.85, further downside is expected.
**The 4H timeframe shows stronger bullish signals, making it better for swing trading
