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PI COIN IS IN A DANGEROUS TRADE AREA: MUST READ
This analysis provides a clear breakdown of the Pi coin market, helping investors and traders understand the current situation and make informed decisions.
It is a transparent analysis, so take your time to read, understand, and decide accordingly.
Pi Coin became publicly tradable on February 20, 2025, with initial prices varying across different exchanges.
On Ok*** it opened at $1.50, while on Bit**, it started at $1.90. However, within hours of its launch, Pi Coin experienced significant volatility, with prices surging past $2 initially and then dropping to $0.78 in less than a day.
I used *** to avoid violating Binance square Tos
Pi coin view on weekly
I will speak about this in the later part of the article đâŹïž
Let get to the details of Pi coin analysis
On the daily time frame we can say that bulls got in the market from 0.6258$ and the bought the market till 2.90 area where profit taking began đ
For now base on the information on the chart more than half of investors and traders in the market have taken profit đ
Let get to smaller time frame like 4hours to check information there as well
A similar information on the 4 hours time frame as well đ
Profit taking dip the market from 2.9$ area towards 1.5$ support
Currently market is still holding above the support đ
What should you expect?
Base on the weekly time frame Pi coin investors arenât loosing hope they are still waiting for some good news to pump market higher that will be followed by a crash đđ„
If there is no any good news like Binance listing etc a percentage of the 50% left in the market will sell that will cause Pi to drop massively
Pay attention âŹïž
Pay attention to the wig pointed âŹïž immediately market drops below it and close on daily or weekly consider market bearish because it will signal another sell effect đ that will be heading to the support at 0.6$-0.7$ where the first buy was initiated
So far as Pi coin trade above it there is hope for a rise that will be followed by a crash đ„
At the moment there is less hope on the current market as there is no any signal of Binance listing or any positive fundamentals that will invite investors
Many coins, like Pi, have been hyped and even traded among the top 10 altcoins, only to fade away over time.
As an investor, donât fall for Marxist ideals. Iâve pointed out a percentage sell-off by the same people on the chart. Base your decisions on fundamentals and price action, and react accordingly.
Right now, Pi is in a dangerous zoneâ hope for good news.
Iâm not a Pi investor nor do I encourage investing in it, but I felt the need to update my followers.
You can check my previous analysis on Pi to get detail understanding
Trade carefully.
It is a transparent analysis, so take your time to read, understand, and decide accordingly.
Pi Coin became publicly tradable on February 20, 2025, with initial prices varying across different exchanges.
On Ok*** it opened at $1.50, while on Bit**, it started at $1.90. However, within hours of its launch, Pi Coin experienced significant volatility, with prices surging past $2 initially and then dropping to $0.78 in less than a day.
I used *** to avoid violating Binance square Tos
Pi coin view on weekly
I will speak about this in the later part of the article đâŹïž
Let get to the details of Pi coin analysis
On the daily time frame we can say that bulls got in the market from 0.6258$ and the bought the market till 2.90 area where profit taking began đ
For now base on the information on the chart more than half of investors and traders in the market have taken profit đ
Let get to smaller time frame like 4hours to check information there as well
A similar information on the 4 hours time frame as well đ
Profit taking dip the market from 2.9$ area towards 1.5$ support
Currently market is still holding above the support đ
What should you expect?
Base on the weekly time frame Pi coin investors arenât loosing hope they are still waiting for some good news to pump market higher that will be followed by a crash đđ„
If there is no any good news like Binance listing etc a percentage of the 50% left in the market will sell that will cause Pi to drop massively
Pay attention âŹïž
Pay attention to the wig pointed âŹïž immediately market drops below it and close on daily or weekly consider market bearish because it will signal another sell effect đ that will be heading to the support at 0.6$-0.7$ where the first buy was initiated
So far as Pi coin trade above it there is hope for a rise that will be followed by a crash đ„
At the moment there is less hope on the current market as there is no any signal of Binance listing or any positive fundamentals that will invite investors
Many coins, like Pi, have been hyped and even traded among the top 10 altcoins, only to fade away over time.
As an investor, donât fall for Marxist ideals. Iâve pointed out a percentage sell-off by the same people on the chart. Base your decisions on fundamentals and price action, and react accordingly.
Right now, Pi is in a dangerous zoneâ hope for good news.
Iâm not a Pi investor nor do I encourage investing in it, but I felt the need to update my followers.
You can check my previous analysis on Pi to get detail understanding
Trade carefully.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.