PI Short-term Breakthrough Alert | 24H Surge of 5%! But Weekly Resistance is Significant, Buy the Dip or Escape the Top?



📊 Real-time data
- Current Price: 0.46288 USDT (+4.73%)
- 24H Amplitude: 0.44016 - 0.47222 (retracement from previous high 📉)
- Trading Volume: 43.96 million PI (approximately 19.89 million USDT)
- Global Ranking: 29

⚡ Focus of Long and Short Market Battle
1. Technical conflicts
- MA5/MA10 death cross suppression (0.45683 vs 0.52010), the weekly line is still in a downward channel;
- MACD golden cross appears under water (DIF:-0.22185 ↑ DEA:-0.22249), short-term may have rebound momentum!
- Key resistance: 0.47222 (24H high) → A breakout could see it reach the 0.49 area

2. Holder's Dilemma
- Average cost 0.6 USDT (current price floating loss ≈28.2%)❗
- On-chain whale orders: 1.75 billion PI sell orders lurking at an unknown resistance level (beware of selling pressure🚨)

3. Leverage Risk Warning
- Perpetual contract funding rate: Not displayed (need to check if negative rate is worsening)
- 24H liquidation volume: $1.45 million (bearish dominance | volatility increasing)

💡 Operation Strategy Reference
> Short-term: If it holds the support at 0.458, take a light position to bet on a rebound (target 0.472→0.485);
> Medium to long term: The weekly chart has not broken the previous low of 0.440, but we need to wait for a reversal signal of the MA10 downward trend!
⚠️ Warning
- The current price is still below all moving averages, and the trend has not reversed!
- Copy trading/leverage traders strictly set stop loss (recommended: below 0.448)

↗️ Community Hot Discussion
> "Can the MACD divergence rebound be sustained?"
> "When will the hundreds of millions of orders on Gate be digested?"

⏱ Watchlist Node
- If the 1-hour level breaks above 0.465 with significant volume, it may trigger a buy the dip rally!
- The 4-hour level death cross has not been broken, beware of false breakthroughs!

This post is for information sharing only and does not constitute investment advice. High leverage carries significant risks, please make cautious decisions!
👉 Do you think PI can hold steady at 0.46 today? Share your thoughts in the comments!
#七月行情预测#
PI3.13%
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