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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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#PI# Quick Analysis of PI Network – May 24, 2025
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Price: $0.77
Trend: Still bearish (H4 & Daily TF)
___
Support Levels:
First: $0.748
Key: $0.705 → critical zone
Resistance: $0.80–$0.82
Volume: Low → indicates weak buying momentum
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If $0.705 breaks:
Expect a sharper drop, potentially testing $0.665 or lower, as sell pressure accelerates and long positions may get liquidated.
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Conclusion:
Market structure remains weak. No reversal signs yet. A clean break above $0.82 with strong volume may signal trend change.
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Strategy:
Avoid chasing. Consider entries near $0.705 only if strong bounce appears. Tight stop-loss advised below $0.705.
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