🚀 Pi Coin Falling Wedge Breakout: Is a Major Rally Coming?
📊 Pi Coin (PI) is showing signs of a bullish breakout from a falling wedge pattern on the 4-hour chart, signaling a potential price surge. Despite recent dips, technical indicators suggest a strong recovery could be on the horizon.
🔥 Key Technical Insights:
Pattern Formation: Pi Coin’s chart reveals a classic falling wedge, which is a bullish reversal pattern.
Breakout Potential:
A breakout above $0.95 – $1.00 resistance could trigger a sharp rally.
Immediate targets: $1.18 – $1.20.
Next major resistance: $1.50 – $2.00.
Support Zone: If the breakout fails, Pi may retest the $0.64 support, though the wedge formation favors an upward move.
💡 Why This Matters:
Falling wedge patterns historically lead to significant upward moves.
With increasing market interest, Pi Coin could soon challenge the $1.50 – $2.00 zone, especially if trading volume increases.
💎 Pi believers: This could be the breakout you’ve been waiting for. Stay alert for volume spikes and confirmation candles.
📈 Do you think Pi will reclaim $2 or face more resistance? Share your thoughts below! 👇
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