BAYJIGIT-酷哥 vs COIN
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#PI network
March 17, 2025 PI/USDT Market Analysis
The following content does not constitute investment advice and is for reference only.
1. Market Overview
Current PI Price: $1.4178, the hourly candlestick chart shows that the price has successfully broken through the downward trend line, after three validations, it may enter a rebound phase in the short term.
2. Key Support and Resistance
• Support Level: Around $1.40 (multiple retests without breaking, short-term buying support).
• Resistance Level: $1.4279-$1.43 (20EMA moving average pressure, if broken, further upside is expected).
3. Technical Indicator Analysis
• Moving Average (EMA20): The current price is close to EMA20 ($1.4279), if it breaks and holds, there is potential for further upward movement.
• MACD: Bearish momentum is decreasing, the fast and slow lines are gradually approaching the zero axis, a trend reversal may occur in the short term.
• Trading Volume: There was an increase in trading volume when breaking the trend line, indicating signs of market capital involvement.
4. Possible Trends
• Upward Path: If PI can break through $1.43, it is expected to further attack the $1.45-$1.50 range.
• Consolidation Path: If unable to break through $1.43, it may continue to consolidate between $1.40-$1.43.
• Downward Risk: If it falls below $1.40, it may short-term pull back to $1.35 or lower support levels.
5. Trading Thoughts
• Short-term Traders: Pay attention to buying reactions around $1.40, if it breaks $1.43 and holds, consider entering with a light position.
• Conservative Investors: Wait for a break above $1.43 before considering entry to reduce risk.
• Stop-loss Strategy: If it breaks below $1.40, consider a stop-loss to control risk.
Summary: PI has successfully broken through the downward trend line, if it can hold above $1.43, a short-term rebound is expected, but if it is unable to break through for a long time, it may still continue to consolidate or pull back.
March 17, 2025 PI/USDT Market Analysis
The following content does not constitute investment advice and is for reference only.
1. Market Overview
Current PI Price: $1.4178, the hourly candlestick chart shows that the price has successfully broken through the downward trend line, after three validations, it may enter a rebound phase in the short term.
2. Key Support and Resistance
• Support Level: Around $1.40 (multiple retests without breaking, short-term buying support).
• Resistance Level: $1.4279-$1.43 (20EMA moving average pressure, if broken, further upside is expected).
3. Technical Indicator Analysis
• Moving Average (EMA20): The current price is close to EMA20 ($1.4279), if it breaks and holds, there is potential for further upward movement.
• MACD: Bearish momentum is decreasing, the fast and slow lines are gradually approaching the zero axis, a trend reversal may occur in the short term.
• Trading Volume: There was an increase in trading volume when breaking the trend line, indicating signs of market capital involvement.
4. Possible Trends
• Upward Path: If PI can break through $1.43, it is expected to further attack the $1.45-$1.50 range.
• Consolidation Path: If unable to break through $1.43, it may continue to consolidate between $1.40-$1.43.
• Downward Risk: If it falls below $1.40, it may short-term pull back to $1.35 or lower support levels.
5. Trading Thoughts
• Short-term Traders: Pay attention to buying reactions around $1.40, if it breaks $1.43 and holds, consider entering with a light position.
• Conservative Investors: Wait for a break above $1.43 before considering entry to reduce risk.
• Stop-loss Strategy: If it breaks below $1.40, consider a stop-loss to control risk.
Summary: PI has successfully broken through the downward trend line, if it can hold above $1.43, a short-term rebound is expected, but if it is unable to break through for a long time, it may still continue to consolidate or pull back.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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