PI token is currently trading around the key resistance level at $0.75. On the 4-hour price chart, the RSI sits near 66, suggesting bullish momentum but nearing the overbought zone. If RSI climbs further upwards, traders might see a short-term pullback.
Meanwhile, Bollinger Bands are widening, with price nearing the upper band. A clean breakout past $0.80 could lead to a rally toward $1. However, if it fails to move upwards, the band-midline (20-day SMA) at $0.62 offers immediate support. MACD remains positive with a bullish crossover intact, but the histogram is flattening. This implies a potential consolidation before the next leg up. On the other hand, if bears take control, they could drag Pi toward the $0.60–$0.62 support zone.
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BloomingInWaiting
· 2025-04-16 12:30
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BloomingInWaiting
· 2025-04-16 12:27
Life needs a good mood, be optimistic and positive! Wishing everyone to make big money and get rich overnight!
PI token is currently trading around the key resistance level at $0.75. On the 4-hour price chart, the RSI sits near 66, suggesting bullish momentum but nearing the overbought zone. If RSI climbs further upwards, traders might see a short-term pullback.
Meanwhile, Bollinger Bands are widening, with price nearing the upper band. A clean breakout past $0.80 could lead to a rally toward $1. However, if it fails to move upwards, the band-midline (20-day SMA) at $0.62 offers immediate support.
MACD remains positive with a bullish crossover intact, but the histogram is flattening. This implies a potential consolidation before the next leg up. On the other hand, if bears take control, they could drag Pi toward the $0.60–$0.62 support zone.