#PI $PI Around $0.160 USD, the decline has basically stopped, and even buying at $0.162 USD isn't really a loss—it's only about 1 point. So, from the 12-hour perspective, it's also basically in place. The support around $0.160 is supported by the lower band of the Bollinger Bands. Pay attention to the shape of the lower band; it doesn't look like a slide—it's already hooked and forming a straight line. The MACD has also approached the zero line, and the three lines of the KDJ indicator are starting to turn. Overall, the $0.160 level is a phase bottom.
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#PI $PI Around $0.160 USD, the decline has basically stopped, and even buying at $0.162 USD isn't really a loss—it's only about 1 point. So, from the 12-hour perspective, it's also basically in place. The support around $0.160 is supported by the lower band of the Bollinger Bands. Pay attention to the shape of the lower band; it doesn't look like a slide—it's already hooked and forming a straight line. The MACD has also approached the zero line, and the three lines of the KDJ indicator are starting to turn. Overall, the $0.160 level is a phase bottom.