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Pi Coin (H1) Technical Analysis
Current Price: ~$0.76
24h Change: -7.2%
Volume: ~$300M
On the 1-hour chart, Pi Coin has shown a weak rebound after testing the $0.75 support zone. Price action remains below the 50 EMA, indicating ongoing bearish pressure. A descending triangle pattern is forming, which could lead to a further breakdown if $0.74 fails to hold.
Key Levels:
Resistance: $0.80
Support: $0.74 → if broken, next support lies around $0.70
Short-term Trend: Bearish to Neutral
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Potential Scenario:
Bullish Bias: If Pi breaks above $0.80 with volume, a move to $0.85 is likely.
Bearish Bias: If $0.74 breaks, price may decline towards $0.70 or lower.
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Risk Warning:
Cryptocurrencies are highly volatile assets. Pi Coin is currently unlisted on major exchanges and relies on off-chain market mechanisms. Be aware of fake markets, low liquidity, and the possibility of price manipulation. Never invest more than you can afford to lose.