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PI/USDT] Big Bounce or Fake Pump? Let’s Break It Down!
📈 PI is making waves again, surging +7.41% in the last 24 hours to hit $0.6578! After finding support at $0.6057, bulls came in strong, breaking short-term resistance and lighting up the charts. Is this just the beginning?
Technical Snapshot
🟢 EMA crossover (5/10/20): Bullish signal activated
📊 MACD: Rising with momentum, confirming uptrend
⚠️ RSI(6): 92.3, RSI(12): 84.8 – heavily overbought
📉 KDJ (J: 83.9) signals caution, but still climbing
🔥 Volume spike supports the breakout – not just hype!
Short-Term Forecast (1H–4H):
🧠 Expect consolidation near $0.666–0.670 unless sellers push back. If bulls hold above $0.645, more upside could come quickly.
Mid-Term View (1D–1W):
📆 Watch for a healthy dip toward EMA(10) at $0.643. If volume stays strong, we could revisit $0.70–$0.72 in coming days.
Final Thoughts
This pump looks real – backed by volume and momentum. But don’t ignore overbought signals. A smart move? Wait for a dip, confirm strength, then ride the trend.
Let’s trade smart, not emotional. Stay sharp and protect your capital.
🚀 Ready to see where PI goes next?
#PI#