๐ฅPi Network Pumps 6%! Will Geopolitics Fuel a Breakout to $0.62? ๐๐๏ธ
๐ Pi Network Price Analysis:
Pi Coin is showing fresh strength, rising 6% in the last 24 hours as optimism grows over potential de-escalation in the Israel-Iran conflict. This macro relief is breathing life back into altcoins, including $PIXEL .
๐ง Chart Insight:
A falling wedge pattern is forming on the 4H chart โ typically a bullish reversal signal. If $PIXEL breaks above the upper trendline resistance, a 15% surge toward $0.62 is on the table! ๐๐
๐ Geopolitics x Crypto:
While peace talks may cool tensions short-term, the Israel-Iran war still looms large and could inject sudden volatility. Traders should expect rapid swings as sentiment shifts.
๐ Key Levels to Watch:
Resistance: $0.62 ๐บ
Support: $0.50 ๐ป
Wedge Breakout Target: $0.62 ๐ฏ
๐งญ Trade Setup:
๐ปWatch for volume on breakout above resistance
๐ปTight SL below $0.50 support zone
๐นConsider scaling in for swing trades if wedge breakout confirms
โ ๏ธ Reminder: Pi Network isnโt yet tradable on most major exchanges โ exercise caution and verify sources before trading!
