PiNetwork ($PI) Analysis

1 161


#Pi Network is showing signs of consolidation near a key Fibonacci retracement level📊

➡️ Key Observations:

The price is currently hovering around the 1.05 support zone, a critical area for potential bullish reversal 📈

Fibonacci levels indicate possible retracement before continuation towards higher targets

Resistance zone around $2.40 - $2.60 aligns with the 0.618 Fibonacci level

⏳ Price Targets:

First target: $2.40
Second target: $3.00
Potential breakout: $3.60+

A strong bounce from support could confirm a bullish continuation towards these levels! 🚀

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.