Pi narxPI

$PI opportunity to buy...buy..buy...buy now..

Bitwise Invest head of alpha strategies Jeff Parks said on April 9 that there is a “higher chance Bitcoin survives over the dollar in our lifetime after today.”  Over the past five days, the US dollar index (DXY) has dropped 3.19% $BTC $ETH $SOL $PI $XRP

ETH remains stuck in a consolidation range and is struggling to find direction amid broader market uncertainty. $BTC $ETH $SOL $XRP $PI

The cumulative short liquidation chart from Coinglass shows a large wall of leveraged short interest concentrated below that level. The data reflects a significant imbalance in the derivatives market, with short positions dominating until the $90,000 mark. $BTC $ETH $SOL $PI $XRP $ADA

$PI Current Structure: Flagpole: Price rose from 0.5940 to 0.7893 = 0.1953 USDT Consolidation Range: Between 0.7036 (low) and 0.7791 (high) Current Price: 0.7481 (a potential buy zone) --- Scenarios: 1. Bullish Breakout (Highly Probable): If the price breaks above 0.7791 (resistance of the consolidation zone), then: Target Calculation (adding the flagpole height to breakout point): 0.7791 + 0.1953 = 0.9744 USDT So, the next strong target could be 0.97 – 1.00 USDT 2. Rejection Scenario (Risk Management): If the price drops below 0.7036, the pattern could fail, and a correction is likely: Support Zones: 0.6800 (MA20) or deeper around 0.6345 --- Indicator Confirmation: MACD: Positive crossover — showing upward momentum MA(5) > MA(10) > MA(20): Clear short-term bullish trend Volume: Decreasing slightly during consolidation, but may spike on breakout --- Summary: Buy Zone: 0.7400 – 0.7500 (for early entry) Breakout Confirmation: A candle closing above 0.7791 Target: 0.95 – 1.00 USDT Stoploss: Below 0.7030 or conservatively below 0.6800 If you want, I can also provide a complete trade setup (entry, stoploss, and take-profit) depending on whether you're trading spot or futures. Just let me know.