#PI Pi Coin Market Outlook - Is a brutal sell-off imminent? -- Pi coin once again failed to break through the key $2.00 resistance, confirming the strong bearish momentum. With accelerated selling of Bitcoin, Pi coin was dragged down to its psychological support level of $1.60, but do not mistake this for stability. The chart shows a clear weakness, indicating a possible further decline in the future. --- 📉 Trend Analysis - Bear market breakthrough is coming soon Pi Coin still maintains a strong bearish trend, all indicators indicate that it is going down, with the next major support at $1.00. The reasons are as follows: -- ✅ MACD histogram: still negative, confirming strong bearish control. No signs indicate momentum is shifting. -- ✅ RSI breakthrough: RSI 7 & 14 still deep in the bear market territory, not even oversold, suggesting further downside potential. RSI 25 is heading towards below 50, indicating sustained bearish pressure in the coming weeks. -- ✅ EMA death cross is coming soon: The 50EMA and 100EMA cross below the 200EMA is about to happen. If this cross occurs, it is expected to trigger a large amount of selling, stop-loss triggering, and panic selling, pushing prices further down. -- ✅ On the daily chart, SAR ( stop loss reversal ): The SAR indicator indicates that Pi coin will fall below its historical low of $0.60, laying the foundation for a potential new low. --- 🚨 Investment consideration - Don't fall into the bull trap Pi Coin is currently in a deep bear market and there are currently no real signs of a reversal. It is expected that this downward trend will last for at least two weeks, possibly longer. -- ⚠️ Be careful of traps! Any short-term surge may be designed to trap innocent buyers with false breakouts. The real bottom is confirmed only when market makers start accumulating, not when they fake support. -- 💡Key strategy: Wait for real selling and clear bottom formation before considering entry. If Pi coin establishes a new historical low and shows strong accumulation, it may be the start of the next bull market cycle. --- Market Makers Manipulation - Pitfalls You Must Avoid If you've been in this market long enough, you'll know the tricks of market makers. When a token is clearly bearish, but the price refuses to fall further, it's not due to natural buying pressure, but a setup. -- 🔎 The operator of the gaming market 1️⃣ Fake Buy Wall - They flood the order book with large buy orders to create false support. Once retail traders enter due to FOMO, these orders will disappear, causing the price to collapse. -- 2️⃣ Concealed Distribution - They absorb selling pressure, making the price appear stable, but behind the scenes, they dump their goods to retail traders before the next crash. -- 3️⃣ Short-term Squeeze Trap - They push the price down enough to lure short sellers in, then slightly raise the price, liquidate them, and continue to sell. This is the most exquisite stop-loss hunting. -- 4️⃣Final liquidity rush - once they sell enough assets, they will withdraw the buying support, leading to a flash crash, and panic sellers will collapse directly in their hands. --- 🛑How to avoid becoming a liquidity drain ✔Observe the trend of trading volume-If the price is stable but the trading volume is low, then the "support" is false. Real support comes from real buying interest. -- ✔ Monitoring the order book - Real buying orders will not disappear immediately. Fake liquidity will disappear. -- ✔ Do not believe in a single support level - if the momentum is clearly bearish, assume that lower levels will be tested before forming a true bottom. -- ✔ Waiting for confirmation-True reversal is not just stability, but strength. Look for a surge in trading volume and true accumulation before entering. --- Bottom line: If something looks too easy, you might be a liquidity provider. Stay vigilant, analyze deeply, and never be the one left with an empty bag.#Join Honor Credits Draw & Win MacBook Air and Merch #Coins to Buy on the Dip #Which Coins are You Bullish on for March?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Coins to Buy on the Dip
#PI
Pi Coin Market Outlook - Is a brutal sell-off imminent?
--
Pi coin once again failed to break through the key $2.00 resistance, confirming the strong bearish momentum. With accelerated selling of Bitcoin, Pi coin was dragged down to its psychological support level of $1.60, but do not mistake this for stability. The chart shows a clear weakness, indicating a possible further decline in the future.
---
📉 Trend Analysis - Bear market breakthrough is coming soon
Pi Coin still maintains a strong bearish trend, all indicators indicate that it is going down, with the next major support at $1.00. The reasons are as follows:
--
✅ MACD histogram: still negative, confirming strong bearish control. No signs indicate momentum is shifting.
--
✅ RSI breakthrough:
RSI 7 & 14 still deep in the bear market territory, not even oversold, suggesting further downside potential.
RSI 25 is heading towards below 50, indicating sustained bearish pressure in the coming weeks.
--
✅ EMA death cross is coming soon:
The 50EMA and 100EMA cross below the 200EMA is about to happen. If this cross occurs, it is expected to trigger a large amount of selling, stop-loss triggering, and panic selling, pushing prices further down.
--
✅ On the daily chart, SAR ( stop loss reversal ):
The SAR indicator indicates that Pi coin will fall below its historical low of $0.60, laying the foundation for a potential new low.
---
🚨 Investment consideration - Don't fall into the bull trap
Pi Coin is currently in a deep bear market and there are currently no real signs of a reversal. It is expected that this downward trend will last for at least two weeks, possibly longer.
--
⚠️ Be careful of traps! Any short-term surge may be designed to trap innocent buyers with false breakouts. The real bottom is confirmed only when market makers start accumulating, not when they fake support.
--
💡Key strategy: Wait for real selling and clear bottom formation before considering entry. If Pi coin establishes a new historical low and shows strong accumulation, it may be the start of the next bull market cycle.
---
Market Makers Manipulation - Pitfalls You Must Avoid
If you've been in this market long enough, you'll know the tricks of market makers. When a token is clearly bearish, but the price refuses to fall further, it's not due to natural buying pressure, but a setup.
--
🔎 The operator of the gaming market
1️⃣ Fake Buy Wall - They flood the order book with large buy orders to create false support. Once retail traders enter due to FOMO, these orders will disappear, causing the price to collapse.
--
2️⃣ Concealed Distribution - They absorb selling pressure, making the price appear stable, but behind the scenes, they dump their goods to retail traders before the next crash.
--
3️⃣ Short-term Squeeze Trap - They push the price down enough to lure short sellers in, then slightly raise the price, liquidate them, and continue to sell. This is the most exquisite stop-loss hunting.
--
4️⃣Final liquidity rush - once they sell enough assets, they will withdraw the buying support, leading to a flash crash, and panic sellers will collapse directly in their hands.
---
🛑How to avoid becoming a liquidity drain
✔Observe the trend of trading volume-If the price is stable but the trading volume is low, then the "support" is false. Real support comes from real buying interest.
--
✔ Monitoring the order book - Real buying orders will not disappear immediately. Fake liquidity will disappear.
--
✔ Do not believe in a single support level - if the momentum is clearly bearish, assume that lower levels will be tested before forming a true bottom.
--
✔ Waiting for confirmation-True reversal is not just stability, but strength. Look for a surge in trading volume and true accumulation before entering.
---
Bottom line:
If something looks too easy, you might be a liquidity provider. Stay vigilant, analyze deeply, and never be the one left with an empty bag.#Join Honor Credits Draw & Win MacBook Air and Merch #Coins to Buy on the Dip #Which Coins are You Bullish on for March?