Pi Network could potentially establish a double bottom pattern on the weekly timeframe if the price manages to sustain above the $0.2 level over the coming 2 months. This support level is crucial for bullish continuation.
However, if this level fails to hold, we may see the weekly gaussian channel break down below $0.18, which would trigger a test of the monthly gaussian channel at $0.10. This lower level would represent a significant support zone.
Traders monitoring Pi should watch these critical price points closely, especially the $0.2 resistance and the $0.18-$0.10 support structure. The next couple of months will be pivotal in determining which scenario unfolds.
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GateUser-f29f7728
· 1h ago
It doesn't matter if it's high or low. I placed a sell order at $20,000, just watching and holding it long-term without moving.
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BlockImposter
· 3h ago
Can this 0.2 of pi hold? Feels uncertain.
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LiquidationWatcher
· 5h ago
0.2 holding or we're getting liquidated again, not doing this twice 💀
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rekt_but_vibing
· 5h ago
If you can't hold onto 0.2, it will directly drop to 0.1. That's the fate of pi, haha.
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ponzi_poet
· 5h ago
If 0.2 can't hold... we'll just drop straight to 0.1 to see.
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TokenDustCollector
· 5h ago
0.2 is quite crucial. It feels like in the next two months, either it will take off or return to 0.1... Waiting patiently.
Pi Network could potentially establish a double bottom pattern on the weekly timeframe if the price manages to sustain above the $0.2 level over the coming 2 months. This support level is crucial for bullish continuation.
However, if this level fails to hold, we may see the weekly gaussian channel break down below $0.18, which would trigger a test of the monthly gaussian channel at $0.10. This lower level would represent a significant support zone.
Traders monitoring Pi should watch these critical price points closely, especially the $0.2 resistance and the $0.18-$0.10 support structure. The next couple of months will be pivotal in determining which scenario unfolds.