PI breakout from wedge and Trendline !!🚨 PI Breakout Update 🚨
Hey traders, hope you're all doing great!
Looks like PI just broke out of a strong trendline, and things are getting interesting.
We’ve seen solid support holding for a while, and now bulls are starting to wake up.
This move could be the start of something big if momentum continues.
Still early, but signs are pointing towards a possible bullish leg up.
Watch for a clean retest of the trendline — that could be your confirmation.
Volume is building nicely, and price action is starting to shift.
If you're tracking PI like I am, this is one to keep an eye on.
🔔 Follow for more updates and let's catch this move together!
PIUSDT trade ideas
Piusdt making double bottom ??Hello traders, I hope you're all doing well!
Currently, we're seeing an interesting setup on PI that could lead to a potential bullish move. Let's break it down:
🔹 Double Bottom Formation
PI appears to be forming a double bottom on the higher time frame — a classic bullish reversal pattern. This indicates that the market has tested a key support level twice and failed to break lower, which often suggests that selling pressure is weakening.
🔹 Trendline Breakout
In addition to the double bottom, we’ve also broken out of a descending trendline that has been acting as dynamic resistance for some time. A clean breakout with volume often signals a shift in market structure from bearish to bullish.
🔹 Strong Support Zone & Liquidity
We are still holding above a strong support zone, where previous demand has stepped in. This area has likely accumulated a lot of liquidity, with stop-losses from retail traders sitting just below. If price holds this level, it may trap sellers and trigger a short squeeze, pushing the price higher.
🔹 Possible Upside Move
As long as we remain above this support and confirmation continues, there is a high probability of an upward continuation. This could be the start of a bullish leg, especially if we see a break of recent highs with strength.
📈 Conclusion
This confluence of technical signals — double bottom, trendline breakout, and liquidity resting below support — gives us a strong reason to watch this setup closely.
👉 Like and follow if you’re seeing the same structure or planning to trade this move. Let’s ride it together!
Breakout coming very soon
The asset is in a falling wedge pattern, which is typically bullish if confirmed by a breakout.
You're forming higher lows at the bottom (marked by “L”) and lower highs at the top (marked by “H”).
There’s visible bullish divergence forming as the price makes lower lows while momentum indicators likely flatten or rise.
A breakout above the wedge with strong volume would target:
0.55 (first resistance)
0.60–0.62 (EMA/previous highs)
Breakout confirmation above the blue mid-line would suggest a trend reversal or at least a relief rally.
Pi Coin Closes In On All-Time Low; Bitcoin ResponsiblePi Coin’s price is currently hovering around $0.499, which is approximately 20% above its all-time low of $0.400. However, the overall market environment suggests further decline may be imminent. With continued bearish sentiment and decreasing confidence in Pi Coin , the altcoin could struggle to maintain its current levels.
Furthermore, the correlation between the Pi Coin and Bitcoin has steadily decreased. Currently, it is just 0.07, a stark contrast to the positive relationship the two coins once shared.
A low or negative correlation means that Pi Coin is moving independently of Bitcoin. This is concerning for investors who have relied on Bitcoin’s momentum to drive altcoins like Pi forward.
If Pi Coin loses the support level of $0.493, it may drop further, potentially testing the $0.450 mark. A sustained decline below this support would make Pi Coin vulnerable to hitting its all-time low again. The ongoing outflows and negative market sentiment only add pressure to Pi Coin’s price, keeping it on a downward trajectory.
However, should the altcoin experience a shift in momentum, Pi Coin could find demand from investors looking to capitalize on a potential recovery. If the coin breaches $0.518 and flips into support, it could open the door for a price rebound. A reversal would allow Pi Coin to regain investor confidence and potentially invalidate the current bearish outlook.
PI Smart Money Index (SMI) Signals Key Holder ExitPI’s Smart Money Index (SMI) has been steadily declining since June 25, dropping by 9% to reach 1.22 at the time of writing. The SMI tracks the behavior of experienced or institutional investors by analyzing trading patterns during the first and last hours of the market session.
A rising SMI typically indicates increased buying activity from these "smart money" players, reflecting growing confidence in the asset. However, the current downward trend highlights a different story — heightened selling activity and waning confidence from key market participants.
This persistent decline in SMI suggests that institutional investors are stepping back, signaling limited belief in a near-term price recovery for PI. Until sentiment shifts, upward momentum may remain subdued.
Pi USDT WILL MAKE A LONG RUN AGAINPi/USDT
After analyzing the Pi Network chart, I noticed it seems to be repeating a previous pattern, which caught my interest. As a beginner trader, I decided to test the water with a small position (just trying my luck 😅).
My entry point is 0.4946, and if I decide to scale in aggressively, I might just enter at the market price.
Here’s a quick summary:
Entry: 0.494
TP1: 0.57
TP2: 0.66
TP3: 0.85
If I have a long-term vision and the patience to hold, I might extend my take-profit levels from $1 to $1.25 or even higher.
May God make us among the successful traders 🙏🏽.
Ibrahim Ibrahim Shuaibu #Chaza 📌
#Danbolajari #CryptoTrader #CryptoTrading #Success #Hausa #crypto
PI Slips Back Into Downtrend – Eyes on $0.40 SupportPI has fallen back into its descending trendline after a brief breakout on June 25 failed to hold. Selling pressure remains dominant, increasing the risk of a drop toward the all-time low at $0.40.
If bearish momentum persists, further downside is likely. However, a spike in demand could invalidate this outlook and push PI back toward the $1.01 resistance.
$PI TECHNICAL ANALYSIS ! !NASDAQ:PI is finally breaking out of the long-term downtrend and showing early signs of strength.
Price has reclaimed the falling wedge resistance and is now pushing toward the 0.236 Fib zone around $0.69 that we need to break to move further up.
If bulls hold momentum, the next target could be $0.88 (0.382 Fib), with $1+ in sight if the trend continues.
The structure looks bullish, but watch for a clean breakout and retest, and continuation.
DYOR, NFA
PI – Consolidation and Shrinking VolatilitySince Tuesday, NASDAQ:PI has been trading within a tight range between the $0.47 support and the $0.50 resistance level. This sideways movement reflects a balance between buyers and sellers, with neither side showing enough strength to push the price in a clear direction. The market appears to be in a state of indecision, as participants wait for a fundamental or technical catalyst to spark a breakout.
The Relative Strength Index (RSI) currently sits at 36.18 and has remained relatively flat over the past few days. This indicates a lack of momentum and weak conviction among traders. When RSI trends sideways like this, it typically signals that market participants are staying on the sidelines, avoiding large positions until a clearer trend emerges.
Additionally, the Average True Range (ATR) has dropped to 0.048, marking a 12% decline since Tuesday. This confirms the ongoing reduction in market volatility. A falling ATR suggests that price swings are narrowing, often preceding a significant breakout as the market builds up pressure.
Taken together, the flat RSI and declining ATR paint a picture of a consolidating market. While NASDAQ:PI lacks strong directional momentum at the moment, these conditions often set the stage for a sharp move. Traders should keep a close eye on the $0.47–$0.50 range for signs of a breakout in either direction.
PIUSDT falling wedge breakout 🚨 Hello Traders!
PIUSDT has successfully broken out of a falling wedge — a strong bullish pattern.
This breakout may indicate the start of an upward move.
Watch for a retest of the breakout zone for potential entries.
Volume confirmation will add confidence to the setup.
Stay alert and always apply proper risk management. 📊
The falling wedge of Pi Coin?Falling wedge Pi network pattern?The Pi Network (PI) token is currently showing signs of forming a falling wedge pattern, which is often interpreted as a bullish reversal signal in technical analysis. This pattern is characterized by two downward-sloping trendlines that converge, indicating a slowdown in bearish momentum.
One week to go.. just wait what will happen next.
Pi long !! proper risk management Hello traders, keeping a close eye on NASDAQ:PI — forming a solid pattern.
Strong wick indicates a potential buy zone in this area.
We do have some untapped downside liquidity below.
However, with CRT in play, a bullish move is likely.
We’ve already completed CISD confirmation on the 3H timeframe.
Looks like a good opportunity to position for the upside.
PI breakout !!Trendline Break:
Price has broken above a descending trendline — often a bullish signal.
A small retest is visible, indicating confirmation of the breakout.
Equal Highs (Liquidity Pool):
Labelled “$$ same highs” — this suggests buy-side liquidity is resting above that level.
Price often targets these highs to grab liquidity before a reversal or continuation.
BSL (Buy-Side Liquidity):
Two BSL levels marked; price may aim for these as upside targets.
FVG (Fair Value Gap):
The green shaded zone above represents an imbalance (FVG), usually a magnet for price.
Price may fill this area, targeting between 0.95 – 1.10 USDT.
📈 Expected Move (Bullish Bias):
Short-term: Move above the “$$ same highs” to run liquidity.
Mid-term: Push towards first BSL (~0.75 USDT).
Long-term: Potential fill of the FVG zone around 1.00 USDT.
⚠️ Watch for:
“same highs” area (could be a stop hunt).