🟣 $PI Technical Analysis — Pi Network


Price: ~$0.088
Short-Term: Neutral → Bearish ⚠️
Mid-Term: Bearish → Recovery Attempt
PI remains below the key $0.095–$0.10 resistance zone. Current technical data shows the 20-day EMA around $0.0877 and 50-day EMA around $0.0953, keeping the broader structure defensive until both are reclaimed.
🔑 Key Levels
🟢 Support: $0.085 → $0.080
🟢 Major support: $0.070
🔴 Resistance: $0.095 → $0.100
🚀 Breakout: $0.100+
🎯 Upside targets: $0.118 → $0.15
🎯 Scenarios
📈 Bullish:
Hold $0.085 → reclaim $0.095 → break $0.10 with volume → potential $0.118–$0.15.
📉 Bearish:
Lose $0.085 → risk of $0.080–$0.070. A break below $0.070 could expose the $0.05 region.
⚡ Trading Bias
Neutral → Slightly Bearish below $0.095 🔴
$0.095–$0.10 is the key battle zone. PI needs a clean breakout and daily close above $0.10 to confirm a meaningful trend reversal.
⚠️ Catalyst: Pi Network's Protocol 26 upgrade deadline passed on August 11, while recent ecosystem developments have provided some fundamental support. However, token unlocks and supply pressure remain important risks.
#PI #PiNetwork #Altcoins #TechnicalAnalysis 📊🔥
PI4.45%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
32569 views
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
mcto
· 5h ago
To The Moon 🌕
Reply0
LittleGadget
· 08-20 12:07
Enterprise technique—one enterprise, one technique, more or less. What technique does this need? Just take a gamble; that’s about enough. Don’t believe so-called experts babbling about technique—hit it, and you’ll have money.
Reply0
w1349
· 08-20 10:25
If your math were right, you'd be rich and in Ugly Country by now.
Reply0
  • Pinned