Positive Factors: 1. The price history of PI once reached $3.14 (ATH) 2. RSI is still at 44.56 (not overbought) 3. If there is good news, it can rise quickly.
Negative Factor: 1. There is strong resistance at $0.72-$0.77 2. The market is sideways/quiet again. 3. Need large volume to break $1
Realistic Prediction: - If it can break through $0.80, it is likely to continue to $1 - But it may take 1-3 months. - Worst case can retest $0.40 first
Trading Tips: 1. Buy slowly at $0.60, $0.55, $0.40 2. If it breaks $0.80, hold until $1 3. Always use stop loss
Note: This is not financial advice, always do your own research!
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Can PI Return to $1? A Simple & Honest Analysis
Current Price: $0.64583 (Down 0.48% Today)
Positive Factors:
1. The price history of PI once reached $3.14 (ATH)
2. RSI is still at 44.56 (not overbought)
3. If there is good news, it can rise quickly.
Negative Factor:
1. There is strong resistance at $0.72-$0.77
2. The market is sideways/quiet again.
3. Need large volume to break $1
Realistic Prediction:
- If it can break through $0.80, it is likely to continue to $1
- But it may take 1-3 months.
- Worst case can retest $0.40 first
Trading Tips:
1. Buy slowly at $0.60, $0.55, $0.40
2. If it breaks $0.80, hold until $1
3. Always use stop loss
Note: This is not financial advice, always do your own research!
#PiNetwork $Pi #priceupdate