#PI #PI Hidden bullish divergence: A technical signal for a 242% major rebound has been confirmed. The MACD indicator on the PI chart shows a key technical pattern: the lows are consistently rising, while the price is forming a series of lower lows. This hidden bullish divergence is seen by professional traders as a strong signal of a trend reversal, indicating that a potential wave of upward momentum is brewing. Renowned analyst JAVONMARKS emphasized on social media that this divergence may signal a large-scale bull run reversal. He predicts a target price of $1.23, which means an increase of over 242% from the current levels. If momentum continues, this rebound could phase through intermediate resistance levels. "The PI price has confirmed a hidden bullish divergence with the MACD, so they may be preparing for a large-scale bull run reversal! This reversal could mean a price increase of over 242%, ultimately returning to the $1.23 level, and this may just be the beginning," JAVONMARKS stated on Twitter. Key price levels and breakout point analysis: The Pi Network has formed two key fluctuation lows, one around March/April and the other around August/September. Although the second low is slightly lower, the selling pressure has significantly decreased, which is an important indicator of a reversal signal. The solid support area formed around $0.35 to $0.36 lays the foundation for a potential significant rebound.
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#PI #PI Hidden bullish divergence: A technical signal for a 242% major rebound has been confirmed. The MACD indicator on the PI chart shows a key technical pattern: the lows are consistently rising, while the price is forming a series of lower lows. This hidden bullish divergence is seen by professional traders as a strong signal of a trend reversal, indicating that a potential wave of upward momentum is brewing. Renowned analyst JAVONMARKS emphasized on social media that this divergence may signal a large-scale bull run reversal. He predicts a target price of $1.23, which means an increase of over 242% from the current levels. If momentum continues, this rebound could phase through intermediate resistance levels. "The PI price has confirmed a hidden bullish divergence with the MACD, so they may be preparing for a large-scale bull run reversal! This reversal could mean a price increase of over 242%, ultimately returning to the $1.23 level, and this may just be the beginning," JAVONMARKS stated on Twitter. Key price levels and breakout point analysis: The Pi Network has formed two key fluctuation lows, one around March/April and the other around August/September. Although the second low is slightly lower, the selling pressure has significantly decreased, which is an important indicator of a reversal signal. The solid support area formed around $0.35 to $0.36 lays the foundation for a potential significant rebound.