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Pl crypto traders must watch THIS range
The 4-hour chart showed a range formation (purple) between $0.084-$0.093. The lower band of the range coincided well with the short-term demand zone around $0.085.
This support zone was defended, keeping bullish near-term hopes alive. On this timeframe too, however, the technical indicators showed indecisiveness between bears and bulls.
A breakout past the $0.093 range high with strong buying volume could see a price move toward $0.113. Swing traders must remember that the higher timeframe price swing structure remained bearish.#GateLaunchesJapaneseStockTrading #U.S.StrikesIranBTCDips #GateIdleEarnAutoYieldUpTo3% #GateEventContractTradeSharingChallenge #AIStartupsRaise400BInSixMonths $PI