$PI/$USDC Perpetual Futures
The PI/$USDC market is in a strong bullish trend, with prices surging +58.77% to 2.52841 USDT, supported by high trading volume (7.28M). Key indicators:
📈- Moving Averages (MA5: 2.29304, MA10: 1.94793, MA30: 1.57415): Confirm a robust upward trend.
- MACD (0.09147): Positive, indicating continued bullish momentum.
- Resistance: 3.00000 USDT, with potential to reach 3.29509 USDT.
- Support: 2.40777 $USDC .
📋Market Sentiment: Bullish, with 36.36% long and 63.64% short positions, suggesting potential volatility.
📊Prediction: Expect further upward movement, with a possible pullback to 2.40777 USDT offering a buying opportunity.
📉Recommendation: Enter long positions on pullbacks, target 3.29509 USDT, and manage risk with stop-loss orders.
🛑Disclaimer: Not financial advice. Conduct your own research before trading.