#PI#

PI/USDT Market Analysis (1H Timeframe)

The PI/USDT pair is showing a corrective phase after testing the 0.4090 resistance earlier this week. Currently trading around 0.3610 (-2.25%), the market is consolidating near the short-term support zone of 0.3540–0.3600.

Key Observations:

Trend: Short-term bearish momentum, but signs of stabilization are visible.

Volume: Decreasing compared to previous sessions, indicating reduced selling pressure.

Indicators:

MACD: Flattening, suggesting a potential shift in momentum.

RSI (12): Around 52.85, indicating a neutral zone, but leaning toward a possible bullish crossover.

KDJ: J line at ~89 shows overbought conditions in micro-trends, requiring caution for scalpers.

Future Predictions

1. Bullish Scenario:

If 0.3600 support holds, we could see a retest of the 0.3800–0.3900 range in the next 24–48 hours.

Breakout above 0.3950 could push toward 0.4100 again.

2. Bearish Scenario:

A clean breakdown below 0.3540 might send the price to the 0.3410 support zone for re-accumulation.

3. Neutral/Range-bound:

Price could stay between 0.3550 and 0.3700, giving scalpers opportunities to trade volatility within the band.

Refined Predictions Across Timeframes

15m Chart: Sideways with minor bullish divergence, good for scalping short moves.

1h Chart: Consolidation, awaiting volume confirmation for breakout direction.

4h Chart: Downtrend weakening; possible accumulation phase forming.

1D Chart: Needs strong buy volume to reclaim bullish momentum above 0.4000.