PI/USDT Trade Plan (1H Timeframe)


$PI #StakeUSD1Earn9.48%APR
Market Overview
Trend: Short-term bearish after rejection from 0.1340.
Current Price: 0.1276 USDT
MACD: Bearish crossover with increasing downside momentum.
RSI (6): Around 30, suggesting the pair is approaching oversold conditions.
Bollinger Bands: Price is trading near the lower band, where a technical bounce is possible.
📈 Bullish Setup
Entry Zone: 0.1262–0.1275 USDT (only if buyers defend support)
Take Profit:
TP1: 0.1295 USDT
TP2: 0.1315 USDT
TP3: 0.1340 USDT
Stop Loss: 0.1255 USDT
📉 Bearish Setup
If the price closes below 0.1262 on the 1-hour chart:
Target 1: 0.1240 USDT
Target 2: 0.1220 USDT
Key Levels
Support: 0.1262 → 0.1240
Resistance: 0.1295 → 0.1315 → 0.1340
Trading Strategy
Wait for a bullish confirmation candle before opening a long position.
A breakout above 0.1315 with strong volume could signal the next bullish move.
If support at 0.1262 breaks, avoid buying until a clear reversal pattern forms.
Limit risk to 1–2% of your trading capital per trade.
Overall Bias: Cautiously bearish in the short term, but the oversold RSI suggests a relief bounce is possible if 0.1262 holds as support.
PI-4.12%
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Melomovic
· 16h ago
short? Really man? when we all rooting for PI pumping. what's going on, heeey!
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