#PI#

PI/USDT Market Analysis & Future Prediction

Current Price: 0.3687 USDT (+2.08%)
24h Range: 0.3570 – 0.3736
24h Volume: 80.77M PI
24h Turnover: 29.48M USDT

Market Overview

The PI token shows steady upward momentum on the 1-hour timeframe after bouncing off the recent low of 0.3335. The price is currently trading near 0.3687, showing a recovery from previous dips.

Technical Indicators Analysis

Moving Averages (MA & EMA):
Short-term (MA5, EMA10) and mid-term (MA10, MA30, EMA30) averages are converging and trending upwards, suggesting bullish sentiment in the short run.

MACD:
The MACD line is slightly above the signal line, indicating a mild bullish momentum. Watch for a clearer divergence for stronger confirmation.

KDJ Oscillator:
K (69.5) and J (75.8) lines are above 70, suggesting the token is entering an overbought zone but could still have upward potential before a correction.

RSI (6,12,24):
RSI values hovering around mid to high 50s show balanced buying pressure without extreme overbought conditions.

Williams %R (WR):
WR values near -34 indicate the token is not deeply oversold or overbought, signaling room for possible growth.

Multiple Timeframe View

Short Term (1h): Uptrend confirmed, momentum building.

Medium Term (4h & 1D): The recovery phase after a dip is ongoing; the token is approaching resistance near 0.375.

Long Term: Keep an eye on volume trends and major support levels near 0.33 to gauge future stability.

Future Prediction

Based on the current momentum and multiple indicators, PI is likely to test the 0.375 resistance level in the coming sessions. If this breaks with volume support, a move toward 0.38–0.39 zone is possible.

However, if volume drops or bearish divergence appears in MACD or RSI, a short-term pullback to support around 0.35–0.34 could occur before another upward attempt.

Trading Tips & Risk Management

Consider buying on small dips near support zones (0.35–0.34) for a better entry point.

Use trailing stops to protect gains as the price moves up.

Watch volume and momentum indicators closely to detect early signs of reversal.

Avoid over-leveraging; always trade within your risk tolerance.

Summary

PI is showing encouraging signs of recovery and short-term bullish momentum on the 1-hour chart. With careful monitoring of volume and technical indicators, traders can plan entries near support and watch for breakouts above resistance to ride the next upward wave.

Note: This analysis reflects personal opinion based on technical data and is not financial advice. Always do your own research before trading.
#PI#