I'm Long Till 3.65Price just bounced of 0.618 Fib level, also a strong support at 2.2 area. if the 3.0 resistance is broken. I'm looking to buy till 3.65 which is Fib level extension of 1.618. market is bullish an d this also fits Elliot wave theory (wave 5).
Overall this pair is acting very nice so far.
Trade with responsibility
PIUSDT trade ideas
Amazing day for Pi – what's to come?Today was a big day for Pi. We are getting closer to the ATH of 3.4.
The market should not have any reason to reverse in the coming days, but it's important to watch the new level of 3.0 that we need to break. The price can range or continue to retrace a bit (to the SL zone). Another possible scenario is a bearish triangle break (green arrow), which Pi seems to do a lot since the launch.
You should have all the important levels on the graph to help you make decisions in the coming days.
Have a good week, guys!
Breaking: $PI Surges to $3 Before Retracing Amidst Market DipThe cryptocurrency market witnessed a surprising move as Pi Network ( NASDAQ:PI ) surged past its all-time high of $2.70, reaching an impressive $3 before a sharp retracement brought it back to $2.21. This remarkable 70% surge caught traders and investors off guard, demonstrating the unpredictable nature of the crypto space.
Technical Analysis
At the time of writing, NASDAQ:PI remains up 38.59%, with technical indicators showing a mix of bullish and corrective signals.
The 1-hour RSI sits at 59.47, indicating that buying pressure remains present but is gradually slowing down. The psychological $2 resistance zone has now been decisively broken, which could turn into a new support level. A potential retracement to $1.60, the ceiling of the bullish symmetrical triangle, may occur before another major upward push.
While the initial rally was explosive, the decline in buying momentum suggests a temporary cooldown before the next leg up.
If NASDAQ:PI can hold above $2, it could establish a solid foundation for another attempt at higher price levels. However, if selling pressure continues, the $1.60 level will be a critical area to watch for a rebound.
What’s Next for NASDAQ:PI ?
If bullish momentum returns, NASDAQ:PI could attempt to reclaim the $3 level and push toward new highs. However, if the price continues to decline, $1.60 will serve as a crucial support level before another breakout attempt. Traders should monitor RSI trends, volume shifts, and key resistance zones** for further confirmation of the next move.
With the $2 psychological barrier now broken, NASDAQ:PI ’s price action in the coming days will be crucial in determining whether this was a one-time event or the beginning of a sustained bullish trend.
PI NETWORK—CRYPTO’S MOBILE STAR SHINES BRIGHT? $PIUSDTPI NETWORK—CRYPTO’S MOBILE STAR SHINES BRIGHT?
(1/9)
Good afternoon, TradingView! Pi Network’s buzzing—47M users, $ 2.57 IOUs 📈🔥. Q1 ‘25 mainnet looms—let’s unpack this tap-to-earn enigma! 🚀
(2/9) – USER RUSH
• Base: 47M users—18M KYC’d 💥
• Mainnet: 8M migrated—4.4B Pi 📊
• Model: Tap daily—no rigs, no sweat
Pi’s humming—massive crowd, mobile zip!
(3/9) – PRICE BUZZ
• IOUs: $ 2.57—up from $ 0.668 🌍
• ‘25 Hope: 1−5—$ 2B-$ 10B cap 🚗
• Bull Dream: $ 50—$ 100B stretch 🌟
Pi’s flickering—hype or gold?
(4/9) – SECTOR SNAP
• Crypto Cap: $ 2.5T—BTC, ETH lead 📈
• Vs. Peers: Pi lags utility—Hamster flops 🌍
• Edge: 47M vs. altcoin minnows
Pi’s a wildcard—value or vapor?
(5/9) – RISKS IN VIEW
• Delay: Mainnet stalls—Q1 ‘25 shaky ⚠️
• Control: Core team grips—central snag 🏛️
• Crash: Hype fades—$ 0.50 risk 📉
Hot buzz—can it dodge the bust?
(6/9) – SWOT: STRENGTHS
• Crowd: 47M—crypto king 🌟
• Easy: Tap-to-earn—low bar 🔍
• Green: SCP—no power guzzle 🚦
Pi’s a steady beast—user gold!
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES
• Weaknesses: No use, locked Pi—boo 💸
• Opportunities: Emerging markets—zing 🌍
Can Pi zap past the haze?
(8/9) – Pi’s $ 2.57 buzz—what’s your vibe?
1️⃣ Bullish—$ 5+ shines bright.
2️⃣ Neutral—Waits, risks hover.
3️⃣ Bearish—Fades below $ 0.50.
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
Pi’s 47M users and $ 2.57 IOUs spark zing—crypto wildcard 🌍. Big crowd, big risks—gem or bust?
Speculative idea of PI reaching $4.83 by next weekUsing the Bitmart chart when PI was trading IOU's at $40/50 the launch of PI on the 20th saw its expected initial drop to .60cents. 6 days later it has recovered 220% should growth continue into next week another 140% could be possible taking it to 0.618 before a retrace.
Just a thought, happy mining.
Price Prediction for Pi Network: The Crash Is Inevitable $0.005For those still holding onto Pi with the hope of future gains, it's time for a serious reality check.
🔍 Why Pi Network Is Destined to Collapse:
Illegal KYC Practices Under Investigation:
Apple and Google are actively investigating Pi Network’s highly questionable KYC process, where random users - not official employees, are allowed to review sensitive personal information, including passports and ID documents.
This is in violation of data privacy laws such as the GDPR (General Data Protection Regulation) and other global data protection standards.
If these investigations lead to the app being removed from the Google Play Store and Apple App Store, the Pi Network ecosystem will collapse overnight.
A Centralized Ponzi Disguised as Crypto:
Despite the crypto façade, Pi Network is entirely centralized, operating through a single app where all transactions and mining are controlled.
The referral-based system strongly resembles a Pyramid scheme, with rewards heavily dependent on recruiting new users instead of delivering any genuine utility.
Whale Manipulation & Market Extraction:
Recent price movements show clear signs of whale manipulation - a tactic used to pump up the price, extract as much value as possible from retail investors, and leave smaller holders with the losses.
The latest pump seems to have created just enough liquidity for a massive final dump.
📉 My Prediction: Imminent Crash Ahead
Short-term target: Expect PI to fall to $0.20 as whales continue to unload their holdings, draining liquidity from hopeful investors.
Mid-term collapse: Within the next few weeks or months, the price could plummet to as low as $0.005 as legal investigations intensify and user trust erodes completely.
Long-term outlook: Once the app is removed from major platforms, and regulatory action kicks in, the Pi Network could become entirely worthless - similar to what happened with BitConnect.
❗ Final Thoughts:
If you're still holding onto PI thinking a turnaround is possible, you’re risking everything on a collapsing pyramid. The recent pumps aren’t a sign of strength - they’re the final attempts by insiders to extract whatever value remains from unsuspecting holders.
The Pi Network isn’t just another failing crypto project—it’s a glorified fraud that has preyed on vulnerable communities, exploiting users' data while delivering zero real value.
Don’t be the last person left holding the bag when the inevitable crash happens. 🚫💥
PI/USDT Intraday Short BIAS TheoryBased on intraday chart, it appears to be a short-term trading strategy for PIUSDT on a 1-hour time frame. Here are some potential implications and considerations:
Bearish Divergenc e: a "bearish diversion forming," which could indicate a potential reversal of the current trend. However, without further confirmation, it's difficult to determine the direction of the reversal.
Stop Loss and Take Profit Range s: The provided stop loss and take profit ranges are quite broad, which may increase the risk of significant losses or gains. Consider narrowing these ranges to more specific levels, such as:
Stop Loss: 2.2 - 2.6
TP1: Short-term bounce at 1.5709 - 1.5712
TP2: Bounce at 1.5712 - 1.5
715
Time Frame: The 1-hour time frame is relatively short-term, which may make it more challenging to identify reliable trading signals. Consider expanding the time frame to 4-hour or daily charts to gain a better understanding of the trend.
RSI and Volatility: The text mentions an RSI value of 54.03, which is above the neutral zone (30-70). This could indicate overbought conditions, increasing the risk of a potential reversal. Additionally, the volatility indicators (Vol · PI) suggest a relatively high level of market activity.
Potential Trading Strategy
Considering the above points, a potential trading strategy could be:
Wait for Confirmation : Wait for further confirmation of the bearish diversion, such as a clear break below the 1.5704 - 1.5708 range.
Enter Short Position : Enter a short position at perpetual resistance of 2.1 - 2.0 range at the confirmation point, with a stop loss at 2.2 - 2.6.
TP1: Set the first take profit target at 1.5709 - 1.5712, with a 1:2 or 1:3 risk-reward ratio.
Pi Network (PI) Morning Market Update Monday 24th Feb 2025Current Price Overview:
• Current Price: $1.528 (-0.83%)
• 24H High: $1.698
• 24H Low: $1.206
• Resistance Levels: $1.60 – $1.70
• Support Levels: $1.50, then $1.40 – $1.42
Recent Developments:
Pi Network successfully launched its Open Mainnet on February 20, 2025, after multiple delays. This milestone allows users to conduct transactions beyond the Pi ecosystem and interact with external networks on the Mainnet blockchain. The launch led to significant market activity, with the PI token being listed on multiple exchanges, and experiencing sharp price movements. Initially, the price surged to $2.10 but quickly corrected, stabilizing around the current price of $1.528. 
Market Sentiment:
The sentiment surrounding Pi Network is mixed. While the mainnet launch has been a significant achievement, concerns have been raised regarding the project’s legitimacy. Notably, Bybit CEO Ben Zhou labeled the project a scam, citing warnings from Chinese authorities. These allegations have contributed to increased volatility and caution among investors. 
Fundamental Analysis:
Pi Network has amassed a substantial user base since its inception in 2019, with over 19 million Pioneers completing KYC verification and more than 10 million migrating to the Mainnet. The project’s goal of creating a decentralized and user-friendly cryptocurrency ecosystem is ambitious. However, the recent price volatility and external criticisms highlight the importance of transparency and robust security measures to maintain investor confidence. 
Key Technical Indicators:
• MACD: The Moving Average Convergence Divergence (MACD) indicates a potential bearish crossover, suggesting possible downward momentum.
• RSI: The Relative Strength Index (RSI) is approaching oversold territory, which may indicate a potential buying opportunity if the trend reverses.
• Fibonacci Retracement: The current price is testing the 61.8% Fibonacci retracement level from the recent high, a critical point that could determine future price direction.
Recommendations:
1. Monitor Support and Resistance Levels: Keep an eye on the $1.50 support level. A break below this could lead to further declines toward the $1.40 – $1.42 range. Conversely, surpassing the $1.60 – $1.70 resistance zone may pave the way for upward movement.
2. Stay Informed on Project Developments: Given the mixed sentiment and external criticisms, staying updated on official communications from the Pi Network team is crucial. Transparency and proactive engagement can significantly influence investor confidence.
Good luck, and follow for more!
Bull run continuation if the triangle squeeze is broken.The price was "ranging" today but still seems to be following an uptrend. If the triangle is broken with acceptable momentum, it could be a good indication for the price to reach 2.0 or at least test 1.7. If a position is taken, I would recommend going break-even if the price hits 1.7.
If you want to try to short, you also have some hints on the graph.
Good luck, everyone, and see you soon!
Pi Network (PI) Price Analysis Pi Price Overview
Pi Network (PI) is currently trading around $1.45, showing a roughly 13% gain in the last 24 hours. On the 30-minute timeframe, PI has been pushing higher from its short-term support near $1.20, reflecting renewed buying interest.
Key Technical Levels
• Resistance: The next major resistance lies between $1.60 and $1.68. A solid break above this zone could pave the way for a move towards $2.00–$2.10.
• Support: Immediate support sits at $1.28–$1.20. If PI dips below this range, it may revisit the $1.10–$1.00 area, which could be an attractive re-entry point for those looking to accumulate.
Technical Indicators
• MACD: On the 30-minute chart, the MACD appears bullish, with the MACD line hovering above the signal line. Keep an eye out for any crossover, as that can signal a shift in momentum.
• Fibonacci Levels: The current price is near the 61.8% Fibonacci retracement from the recent swing high, making it a pivotal level. A strong close above it would bolster the bullish outlook.
• Volume: There has been an uptick in green volume bars, suggesting increasing buying pressure. However, a drop in volume could signal waning momentum and foreshadow a possible pullback.
Wider Market Context
The overall crypto market has shown modest strength, which can influence PI’s price direction. Monitoring major cryptocurrencies (like Bitcoin and Ethereum) alongside PI’s volume trends will help confirm whether the bullish sentiment can be sustained.
Daily Recommendations
1. Watch for a break above $1.60–$1.68 to potentially trigger a run towards $2.00–$2.10.
2. Monitor volume carefully – high volume typically supports further upside, whereas declining volume might hint at a consolidation or pullback.
3. Keep tabs on MACD crossovers for short-term trend reversals.
4. Look for pullbacks into the $1.28–$1.20 zone if you’re considering re-entries.
NOTE: My analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
$PI/USDT Update to my previous analysis. We added few positions.
NASDAQ:PI uses a tweaked Stellar Consensus Protocol, so it’s energy-efficient, with a 5-second block time that’s roughly 120 times faster than Bitcoin’s 10-minute blocks. Posts on X from Pioneers are already hyping this speed, and if it scales without hiccups, it could handle real-world transactions better than sluggish giants like BTC.
PIUSDTThe price of PI/USDT may encounter different levels of support and resistance due to a number of factors important in technical analysis and market dynamics. Here are some reasons why the price levels mentioned, such as 1.58, 1.64 as resistance and 1.41, 1.30 as support, may be relevant:
1. Historical price levels:
Resistance at 1.58 & 1.64: These levels may have previously served as resistance, with the price unable to break through further and reversing. This could be due to selling of larger lots, technical indicators showing that momentum is weaker there, or simply because it is seen as an important psychological price level.
Support at 1.41 & 1.30: Likewise, these levels could be previous supports, where the price has previously stopped falling and reversed. This may indicate greater demand at these price levels, preventing the price from falling further below these levels.
2. Psychological Price Levels:
Market participants often tend to react to certain price levels that are psychologically important, such as round numbers or previous highs and lows. So the levels I mention (1.58, 1.64, 1.41, 1.30) could function as psychological market point levels, where traders expect the price to reverse.
3. Technical indicators:
Fibonacci retracement: Fibonacci levels are often used to identify potential support and resistance levels. If the price is within a certain range, the levels mentioned (e.g. 1.58, 1.64, 1.30) could be important retracement levels, which could mean that the price is more likely to bounce or return to higher levels, such as 1.90.
Moving averages: If the price is close to major moving averages (such as the 50-day or 200-day MA), these can also act as support or resistance depending on when the price hits the level.
4. Market structure and trend:
If the broader market trend is to the upside, price may encounter temporary levels of resistance (such as 1.58, 1.64) but later break through these levels again after a consolidation or pullback. This could lead to an upward move towards $1.90 and possibly even $2, depending on demand and market sentiment.
5. Volume and market activity:
Volume can play an important role in validating these levels. If there is more buying pressure at 1.41 or 1.30, the price may bounce there and move higher. On the other hand, if there is little buying volume at 1.58 or 1.64, resistance there could be strong.
[PiCoin] Attempt at counting Elliott Waves in PiCoinBITGET:PIUSDT is the new crypto kid of the block and everyone is talking about it so I thought I will take a shot at it and see how it looks from Elliott Waves perspective. Watch the video to know the important levels one needs to watch out for along with tentative counts.
Pi Network Bullish ScenarioR/S Flip was observed at around $1. It might retest that demand zone before going to sky high. We know that Pi is different from any other type of digital currencies. It's main purpose is to solve the real world problems in our society uniting every sector like Real Estate, Travel and Tour, Food and Drinks, Commodities etc...