$PI
1. Current Price: $1.141
2. 24h Change: ▼ 13.98% (Drop in price)
3. High/Low in 24h: $1.355 / $1.080
4. Trend:
The price started at around $1.335, then dropped sharply, hitting a low of approximately $1.080 before slightly recovering.
Overall, it’s in a downtrend, losing around 13.98% in 24 hours.
The price has been volatile with sharp drops and some small recoveries.
5. Longer-Term Trend:
7-day decline: ▼ 16.79%
30-day decline: ▼ 32.74%
90-day decline: ▼ 32.86%
This suggests a consistent bearish trend over the last few months.
Action Plan:
1. If You Hold Pi:
Short-term traders: Consider waiting for a potential rebound before selling, as it's approaching a support level near $1.08.
Long-term investors: If you believe in Pi’s future, HODL (Hold on for dear life) and accumulate more at lower prices.
2. If You Want to Buy:
Given the strong downtrend, wait for confirmation of a reversal before entering.
If it breaks below $1.08, it could drop further, making it risky to buy now.
Look for stabilization above $1.15 before considering entry.
3. If You Want to Sell:
If you bought at a higher price and want to cut losses, selling at small rebounds above $1.15 - $1.20 might be wise.
If you can tolerate risks, wait for a recovery before selling at a better price.
Final Verdict:
Short-term: Avoid buying; watch for support around $1.08.
Medium-term: If the price stabilizes and starts recovering, consider entering.
Long-term: If you're confident in the project, accumulate gradually