PI has been in a long downtrend phase since peaking at $1.66. Currently, the price is stabilizing around $0.62 after forming local support at $0.60.
Technical indicators: • The EMA 5, 10, and 30 are still close and flat, indicating minimal momentum. • RSI is moving flat in the range of 40–50, there is no strong buying momentum yet. • The MACD is still approaching the neutral zone, but there are starting to be slight positive signals. • Stoch RSI is beginning to rise from the oversold zone → an initial indication of a small potential reversal.
📌 Relatively safe spot buying zone: • $0.60 – $0.62 → ideal for accumulation entry if you do not have a position yet. • The potential short-term bounce could reach $0.68 – $0.72 if volume starts to come in.
Note: This asset is still considered very speculative. It is essential to be disciplined with a tight stop loss below $0.595 if support breaks down.
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#PiUSDT
Analysis of PI/USDT – June 7, 2025
PI has been in a long downtrend phase since peaking at $1.66. Currently, the price is stabilizing around $0.62 after forming local support at $0.60.
Technical indicators:
• The EMA 5, 10, and 30 are still close and flat, indicating minimal momentum.
• RSI is moving flat in the range of 40–50, there is no strong buying momentum yet.
• The MACD is still approaching the neutral zone, but there are starting to be slight positive signals.
• Stoch RSI is beginning to rise from the oversold zone → an initial indication of a small potential reversal.
📌 Relatively safe spot buying zone:
• $0.60 – $0.62 → ideal for accumulation entry if you do not have a position yet.
• The potential short-term bounce could reach $0.68 – $0.72 if volume starts to come in.
Note: This asset is still considered very speculative. It is essential to be disciplined with a tight stop loss below $0.595 if support breaks down.
#Crypto Market Pullback #PiNetwork $Pi #Cryptosignals