๐จ PI Network ($PI) Approaches a Perfect Buying Zone โ A 400% Surge Coming?
๐ The PI Network (PI/USDT) chart on OKX shows a strong technical setup pointing toward a massive breakout. After a prolonged downtrend inside a descending channel from March to April, the price has now consolidated sideways in a tight range โ often a pre-breakout pattern.
๐ Technical Breakdown
โ Descending Channel Broken: Price has exited the falling wedge pattern โ a classic reversal signal.
โ Support Holding: Strong base at $0.58, marked as the Perfect Buying Zone.
โ Bullish Divergence: RSI is showing signs of bullish divergence โ momentum is building quietly.
๐ฎ Projected Target Based on the current trend structure and momentum, price can potentially rally up to $3.00, which represents a +400% gain.
๐ Why This Matters
If you're watching for explosive low-cap altcoins with strong technical formations, PI Network is flashing signals of early accumulation before a likely uptrend. This is a textbook "smart money entry zone", and the current price range is being accumulated silently.
๐ฏ Key Levels to Watch
Support Zone: $0.55 โ $0.60 (Perfect buying zone)
Breakout Zone: $0.85
Target Levels: $1.50 โ $2.20 โ $3.00
๐ง Pro Tip for Traders
If volume increases with a daily candle close above $0.85, it confirms the breakout. Set alerts and risk-managed stop-losses just below $0.55.
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