Trade Setup Summary – PIUSD (Pi Network / USD)!📈
Chart: 30m timeframe – OKX Exchange
🔺 Pattern: Symmetrical Triangle + Downtrend Line Breakout
The price is pressing against confluence resistance – triangle top + descending trendline + yellow horizontal resistance.
📍 Entry Zone: Around $0.7396
Price is attempting a breakout; needs candle close above $0.74 for clean confirmation.
🛑 Stop-Loss (SL): $0.7261
Below triangle support and white horizontal support zone.
🎯 Target Levels (TP):
TP1: $0.7580 (Red resistance – short-term barrier)
TP2: $0.7826 (Green zone – swing high resistance)
⚖️ Risk/Reward Ratio:
Favorable: approx 1:2 to 1:2.5 depending on target.
🧠 Technical Highlights:
Triangle squeeze is near completion; breakout decision imminent.
Horizontal resistance and trendline overlapping (yellow + pink) – watch closely.
Volume bar (2.48) is relatively low – look for volume spike for stronger breakout.
✅ Bias:
Bullish above $0.74
Bearish below $0.726 (breakdown risk)
