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**PI/USDT – 30-Minute Chart Analysis**
The price is moving within an ascending channel and has recently reached the **1.9730 - 2.0445** resistance zone. A rising wedge pattern has formed at the top of this trend, which could indicate weakening bullish momentum.
If the price reacts negatively to this level, a correction towards the **1.8500 - 1.8200** range is possible. Conversely, if the resistance is broken, the price could move towards **2.1000**.
The price is moving within an ascending channel and has recently reached the **1.9730 - 2.0445** resistance zone. A rising wedge pattern has formed at the top of this trend, which could indicate weakening bullish momentum.
If the price reacts negatively to this level, a correction towards the **1.8500 - 1.8200** range is possible. Conversely, if the resistance is broken, the price could move towards **2.1000**.
Trade active
Close at TP1
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.