$PI Daily chart analysis fully supports our conclusion that "the probability of an upward breakout is higher," and focuses the core signal on "the battle for the daily middle band at 0.2383."
· Why upward? 1. Positional advantage: The price is already running in the upper-mid section of the triangle, occupying a favorable position. 2. Main player revealed: The main buy orders at 0.22 are the disclosed "bottom line," clearly defining the support level. 3. Market structure: Continuous net capital inflows and declining short positions provide fuel for an upward move. · Final strategy: 1. The ultimate goal of all operations is to capture the right-hand opportunity when the price breaks out with volume and holds above the daily middle band at 0.2383. This is the best risk-reward and highest certainty entry point on the daily timeframe. 2. Before the breakout occurs, the market may still be making its final swings between 0.2280 and 0.2380. For those already holding positions, be patient within this range, and set your stop loss at 0.2270 or 0.2150 (depending on your risk preference). 3. Biggest risk: It’s not a slow decline, but a "false breakout without volume." That is, the price quickly pierces 0.2383 but rapidly falls back. Therefore, the breakout must be accompanied by a significant increase in volume on the daily or 4-hour chart; otherwise, consider it a bull trap.
Summary: The daily chart confirms that PI/USDT is at the end of a long-term downtrend, at the apex of a large converging triangle. All medium- and short-term signals (main player behavior, capital flows, indicator corrections) are converging like streams toward this key daily level. The direction of the big move will be declared by the outcome of the price’s breakout at the daily middle band of 0.2383. Please keep your focus locked on this price level and changes in trading volume. When the market makes its choice, it will be clear and decisive.
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wa01
· 12-05 00:42
Well written
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GateUser-08aa1d1d
· 12-04 15:10
Just go for it 💪
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GateUser-08aa1d1d
· 12-04 15:10
Stay strong and HODL💎
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GateUser-08aa1d1d
· 12-04 15:10
The analysis is good—well-founded and well-reasoned.
$PI Daily chart analysis fully supports our conclusion that "the probability of an upward breakout is higher," and focuses the core signal on "the battle for the daily middle band at 0.2383."
· Why upward?
1. Positional advantage: The price is already running in the upper-mid section of the triangle, occupying a favorable position.
2. Main player revealed: The main buy orders at 0.22 are the disclosed "bottom line," clearly defining the support level.
3. Market structure: Continuous net capital inflows and declining short positions provide fuel for an upward move.
· Final strategy:
1. The ultimate goal of all operations is to capture the right-hand opportunity when the price breaks out with volume and holds above the daily middle band at 0.2383. This is the best risk-reward and highest certainty entry point on the daily timeframe.
2. Before the breakout occurs, the market may still be making its final swings between 0.2280 and 0.2380. For those already holding positions, be patient within this range, and set your stop loss at 0.2270 or 0.2150 (depending on your risk preference).
3. Biggest risk: It’s not a slow decline, but a "false breakout without volume." That is, the price quickly pierces 0.2383 but rapidly falls back. Therefore, the breakout must be accompanied by a significant increase in volume on the daily or 4-hour chart; otherwise, consider it a bull trap.
Summary:
The daily chart confirms that PI/USDT is at the end of a long-term downtrend, at the apex of a large converging triangle. All medium- and short-term signals (main player behavior, capital flows, indicator corrections) are converging like streams toward this key daily level. The direction of the big move will be declared by the outcome of the price’s breakout at the daily middle band of 0.2383. Please keep your focus locked on this price level and changes in trading volume. When the market makes its choice, it will be clear and decisive.