PI/USDT 4H Chart Analysis
$PI
#GateSquareMayTradingShare Current Price Action
Price: 0.17142, sitting near the lower Bollinger Band (LB: 0.17021)
Recent range: bounced from low of 0.16700 back toward mid-band, now consolidating flat
The price has been compressing sideways since May 9, showing indecision
Bollinger Band (20,2) Reading
Band
Level
Signal
UB
0.17555
Resistance
MB
0.17288
Key pivot
LB
0.17021
Support
Bands are narrowing → squeeze forming → expect a breakout soon
Price is hugging the lower band = bearish lean, but no breakdown yet
MACD (12,26,9)
MACD: +0.00008 (barely positive)
DI