👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of PI Network (PI-USD) with you.
Looking at the PI Network chart, I anticipate a price decline towards the 78.60% Fibonacci level, which should bring the price down to 0.4854. After reaching this level, I expect a potential price bounce upwards towards 0.6466. However, if the 78.60% Fibonacci level breaks to the downside, I expect further price decline with a target of 0.100.
📉 Expectation:
Bearish Scenario: Price reaches 0.4854, followed by an upward move to 0.6466.
Worst-case Scenario: Break below the 78.60% Fibonacci level → further downside targeting 0.100.
💡 Key Levels to Watch:
Support: 0.4854
Resistance: 0.6466, 78.60% Fibonacci level
💬 What’s your take on PI Network this week? Let me know in the comments!
Trade safe
Hello, everyone! I hope you're doing well. I’d like to share my analysis of PI Network (PI-USD) with you.
Looking at the PI Network chart, I anticipate a price decline towards the 78.60% Fibonacci level, which should bring the price down to 0.4854. After reaching this level, I expect a potential price bounce upwards towards 0.6466. However, if the 78.60% Fibonacci level breaks to the downside, I expect further price decline with a target of 0.100.
📉 Expectation:
Bearish Scenario: Price reaches 0.4854, followed by an upward move to 0.6466.
Worst-case Scenario: Break below the 78.60% Fibonacci level → further downside targeting 0.100.
💡 Key Levels to Watch:
Support: 0.4854
Resistance: 0.6466, 78.60% Fibonacci level
💬 What’s your take on PI Network this week? Let me know in the comments!
Trade safe
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.
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.