Pirrational pricePi

Pi Coin (PI) has demonstrated unusual strength, remaining up almost 18% month-on-month despite a sharp correction in the broader crypto market. This resilience places the price only 6.5% away from a key breakout level, supported by multiple technical indicators. I. Conditions for a 6.5% Breakout & Key Levels The next major move for Pi Coin hinges on clearing a specific resistance: Breakout Condition: Pi Coin needs a clean daily close above $0.25 to unlock the next wave higher. This requires a move of approximately 6.5% from the current price. Upside Targets: If the price breaks $0.25, the rally could extend toward $0.31 and $0.34. Key Support: The most crucial immediate support level to maintain the current uptrend is $0.23. Downside Risk: Losing the $0.23 support on a daily close increases the risk of a reversal toward $0.20, which would erase most of the recent gains. II. Momentum Indicator Signals Multiple indicators are confirming improving demand and short-term bullish momentum: Money Flow Index (MFI): The MFI, which uses price and volume to track control, broke above its trend line on November 16. This confirms active buying and suggests that current price dips are likely pullbacks rather than full reversals, as long as the MFI remains above its trend line. On-Balance Volume (OBV): The OBV line broke its trend line on November 18, signaling improving demand. Although the long-term trend remains down (OBV is still negative near –1.84 billion), the upward slope and breakout show rising short-term conviction. Bitcoin Correlation: PI's seven-day correlation with Bitcoin sits near –0.87. This near-inverse correlation explains the coin’s resilience, suggesting that if Bitcoin continues its correction, Pi Coin may see continued, independent upside strength. Moving Averages: On the 4-hour chart, Pi Coin is trading above all major Exponential Moving Averages (EMAs). A "golden crossover" (50-period EMA crossing above the 200-period EMA) is currently forming, which signals that short-term strength is accumulating enough power to potentially shift the longer-term direction. III. Short-Term and Long-Term Outlook Short-Term Outlook: Bullish. Pi Coin is exhibiting rare strength by holding gains in a generally red market. The improving technical and volume indicators (MFI, OBV, potential Golden Cross) strongly support a renewed breakout attempt, provided buyers successfully push the price past the $0.25 resistance level. Long-Term Outlook: Cautious. While the recent performance is strong, the long-term trend for Pi Coin is noted as still pointing down (down over 30% in the last three months), and the OBV is in negative territory. The strength is currently short-term focused. ⚠️ Important Disclaimer This analysis is for informational and educational purposes only and is based on technical analysis and market data. It is not financial advice, nor should it be construed as a recommendation to buy, sell, or hold any security or cryptocurrency. The cryptocurrency market is highly speculative, volatile, and subject to external factors. Readers must conduct their own comprehensive research (DYOR) and consult with a qualified financial advisor before making any investment decisions.

$PI for those who still waiting fr this November 22 read this

📢 _$PI Signal Alert!_ 📢 🔥 _Current Price:_ around $0.2332 👉 _Spot Zone:_ $0.22- $0.2250 📈 _Signal:_buy step by step on spot - Buy: $0.2200 - $0.2250 - Target 1: $0.24 - Target 2: $0.26 - Stop Loss: $0.21 $SUI $XRP 🚨 _Disclaimer:_ Crypto markets are volatile. Do your own research and manage risk. 🔔 _Follow me for daily signals and market updates!_ 🚀 #PI #CryptoSignal #Trading #FollowMe ¹ ² ³

$PI again pum 0.26🚀