🔥 PI/USDT Short-term Movement | Cost Inversion Severe! Bottom Fishing Opportunity or Risk Warning?

📊 Key Data Overview

- Current Price: 0.46214 USDT (24H +0.83%)

- Fluctuation Range: 0.44585 ~ 0.48216 (Amplitude 8.1%)

- 24H Volume: Trading Volume 68.35 million PI | Transaction Amount 31.36 million USDT

- Average Cost Price: 0.6 USDT (Current Price Inversion -27.7%❗)

- Weekly Performance: Plummeted 25.96% (Perpetual Contract Data)

📉 Technical Alerts

1. Moving Average Suppression:

- MA5 (0.513) crosses below MA10 (0.650) forming a death cross, bearish trend unchanged.

2. MACD Accelerated Divergence:

- DIF (-0.233) and DEA (-0.218) deeply trapped below the zero axis, MACD bar (-0.014) slightly narrowed, but no reversal signal appeared.

3. Volume Contradiction:

- 24H trading volume reached 68.35 million PI, but net capital outflow of 158 million USD (large selling pressure continues)!

⚡ Long and Short Battle Focus

- Bullish Hope: Current price close to the 24H lowest point (0.44585), if it stabilizes, it may trigger a rebound from overselling.

- Bearish Advantage: 95% of positions have a cost higher than the current price (0.63919→0.46214), trapped positions may trigger a panic sell-off.

🚨 Operational Suggestions

- Short-term: Focus on the support level of 0.445, breaking it will increase risk;

- Medium to Long-term: Weekly downtrend channel unbroken, bottom fishing needs to wait for MACD golden cross + volume breakout of MA5.

⚠️ Warning: Leverage Contract Funding Rate -0.24609% (bearish dominant), high leverage may lead to liquidation!

💎 Core Conclusion:

"Downward Continuation" pattern is significant, before the bottom structure appears, it is better to observe with a light position! If betting on a rebound, strictly set a stop loss at 0.440!

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