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#pi# Recently hot coin ##Gate.io 12周年 #WCTC S7 报名开启
The PI token is currently trading near the key resistance level of 0.75 dollars. On the 4-hour price chart, the RSI is around 66, indicating bullish momentum but close to the overbought area. If the RSI rises further, traders may see a short-term pullback.
At the same time, the Bollinger Bands are expanding and the price is approaching the upper band. A clean break above $0.80 could lead to a rally to $1. However, if it fails to move upwards, the midline of the swing (20-day SMA) at $0.62 provides immediate support.
The MACD remains positive, and the bullish crossover is still valid, but the histogram is flattening. This suggests that there may be consolidation before the next round of upward movement. On the other hand, if the bears take control of the market, they may drag Pi towards the $0.60–$0.62 support range. #PI