$PI Although it currently appears to have stopped falling, there seems to be capital entering at the lower levels, but there is also heavy resistance above. The 5-day moving average drops as soon as it touches, indicating strong selling pressure. The enthusiasm for continuous buying by funds is not high, so we cannot relax our vigilance. The support level below is at 0.142; if it breaks below 0.14, the decline will continue. You can consider a light short position around 0.146, with a stop loss set at about 0.1475. If a volume breakout occurs and it retraces without breaking the support, you can consider stopping out depending on the situation.

PI-1.58%
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ZiRhubarb
· 7h ago
It feels like someone is always buying. Honestly, I think this nose will eventually go to zero; the volume is too large.
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