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PIUSDT trade ideas

Is PI Network About to Reclaim $3 Again ?Hello Traders 🐺 In this idea, I want to talk about the PI coin, which, in my opinion, is the best mobile mining app so far. I've been mining PI coins for at least 4 years and still holding them. PI Network has a solid team behind it and a strong community! If you're still holding or planning to buy some for the upcoming Altcoin Season, I'm here to break down the chart and show you what's happening right now. So stay tuned until the end, and don't forget to like and follow for more support! 🌟 Chart Analysis 📈 As you can see, we have a strong downward-sloping blue trend line. Currently, the price seems to be forming an Inverse Head and Shoulders Pattern, which is a bullish signal. 🎯 However, make sure to wait for the breakout and retest as new support, at least on the 1H time frame. Regarding the price target of this pattern, I personally believe the next major resistance to the upside is the current all-time high around $3. 💰🔥 I hope you enjoy this idea! 💡 🐺 KIU_COIN 🐺
Long
by Kiu_Coin
Pi Network Bullish Part.2The token is trading around $1.66, showing a 20% gain in the last 24 hours. It has been fluctuating between $1.00 and $2.00, with key resistance at $1.502. Anticipation of a potential Binance listing has fueled interest. A recent community vote showed strong support for listing Pi on Binance, which could significantly impact its price3. The Pi Network's sixth anniversary on March 14 and developments like KYC completion and migration deadlines are driving demand. The Relative Strength Index (RSI) and Chaikin Money Flow (CMF) suggest bullish momentum, indicating potential for further price gains if the trend continues.
Long
by SL-Trades
PIUSDT Breakdown Incoming? Bearish Patterns Are Stacking Up! Yello, Paradisers! Is PIUSDT about to break down hard? The charts aren’t looking great, and the confluence of bearish signals is something we can’t ignore. 💎PIUSDT has formed a bear flag on the higher timeframe, a classic continuation pattern that suggests further downside. This alone is already a bearish signal, but there’s more. 💎On the lower timeframe, we can see a head & shoulders pattern forming, along with bearish divergence. These factors together significantly increase the probability of a move to the downside. 💎In the case of PIUSDT breakdown and closes candle below the support zone, this will confirm the bearish setup and likely trigger selling pressure. A breakdown at this level would validate both the bear flag and the head & shoulders pattern. 💎If the price bounces from here, the bearish bias still remains, but there’s also a chance that the market is setting a trap within this range. This makes it a high-risk zone, so it’s better to avoid trading here until a clearer move develops. 💎However, If the price breaks and closes candle above the resistance zone, the bearish outlook will be completely invalidated. In that case, it’s smarter to wait for a more defined price action before making any moves. 🎖Patience is key, Paradisers. The market loves to shake out inexperienced traders before the real move happens. Stay disciplined, focus on high-probability setups, and trade like a pro. Only those who truly understand market cycles will capitalize in the end! MyCryptoParadise iFeel the success 🌴
Short
by MyCryptoParadise
7
Bollinger Squeeze and resistance break to go longA squeeze on the Bollinger Bands could be happening in the coming days. This usually indicates consolidation, and an exit from such a pattern is generally explosive. You can see that it has already happened once on Pi. So, a good squeeze on the BB followed by a breakout of the 'bounce zone' would be a strong long position, with a stop-loss (SL) around 1.6. The previous analysis suggested a long position, but the price did not respond accordingly to the support, so I hope you didn’t enter a long position. That's it for today. Have a good week, guys!
Long
by exloseur