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Showing posts from February, 2025

PI/USDT on a 1-hour timeframe Chart Analysis

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Based on the chart analysis of PI/USDT on a 1-hour timeframe: Key Observations: Current Price: $2.60256 Support & Trendline: The price is currently near the ascending trendline (green diagonal line), which suggests that this level may act as support. If this trendline holds, the price may bounce upward. Indicators: VWAP (Volume Weighted Average Price) Levels: Upper VWAP: 2.8231 (Resistance) Middle VWAP: 2.71264 (Current Zone) Lower VWAP: 2.59314 (Support) The price is hovering around the lower VWAP, meaning it's near a support level. The price is also near the moving averages , indicating indecision. Price Action: There was a strong upward movement, followed by consolidation and a pullback. If the price breaks below the ascending trendline, it could indicate further downside. Decision Making: Hold Your Buy Position If: The price stays above the ascending trendline and shows signs of bouncing. A bullish candle pattern (like a hammer or engulfing) appears near support. Exit t...
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Analysis of PIUSDT (Pi Network/Tether) 1-Hour Chart  Key Observations: Uptrend in Progress: The price is following an ascending trendline in both charts. The Linear Regression Channel confirms an upward bias, indicating that the price is moving within a rising trend. Breakout from Consolidation: The price was moving sideways for some time before breaking out upwards. A strong bullish candle shows that buyers are in control. Indicators Suggest Bullish Momentum: VWAP Support: The price is above the VWAP (Volume Weighted Average Price), which indicates buying strength. Supertrend Indicator: The second chart shows the Supertrend flipped bullish , which suggests that the trend is shifting in favor of buyers. SAR (Parabolic Stop and Reverse) Indicator: The dots of the SAR indicator are below the price, confirming an upward trend. Potential Resistance Levels: The upper boundary of the Linear Regression Channel (~$1.90-$2.00) may act as the next resistance. If buying pressure contin...

Picoin PIUSDT Price Analysis

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PIUSDT Analysis – 30-Min Timeframe  1. Price Action & Trend Analysis Current Price: 1.50557 USDT ( -5.88% drop ). High: 1.61185, Low: 1.42668 (big price swing). Bearish Breakdown: Price fell below the ascending channel . Strong bearish candle with high volatility suggests further downside risk. Support zone near 1.45 - 1.50 USDT . 2. VWAP (Volume Weighted Average Price) Analysis Price is below VWAP , meaning the market is currently bearish . If price stays below VWAP for a long time, it confirms a downtrend . Buyers need to push price back above VWAP for a bullish recovery. 3. Should You Keep Your Buy Position Open? 🚨 Risk Factors: The price broke below the trendline and VWAP , signaling a potential downtrend. If it fails to recover above 1.55 , selling pressure may continue. A break below 1.45 could lead to 1.40 or lower . ✅ Possible Recovery: If price quickly reclaims 1.55+ , it may bounce back. Look for bullish confirmation on lower timeframes (15m, 30m) . 📌 Recomm...
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  PIUSDT 1-Hour Chart Analysis & Trade Decision Key Observations from the Chart: Current Price Action: Last close: 1.62912 USDT (slightly negative, down -0.54% ). Price reached a high of 1.6988 USDT , then pulled back. It is still within the ascending channel , meaning the overall trend remains bullish. Parabolic SAR (PSAR) Shift: The yellow PSAR dots (above price) indicate a previous downtrend. The blue PSAR dots (below price) indicate a bullish reversal signal . This suggests a potential continuation of the uptrend , supporting a buy position . Trend & Support Levels: Current support: Around 1.60 - 1.62 USDT (holding above this is bullish). Resistance: 1.70 - 1.75 USDT is the next target. If 1.75 USDT breaks , the price could move toward 2.00 USDT+ (upper channel). Should You Keep Your Buy Position? ✅ Yes, but with caution. Bullish Factors: PSAR just flipped bullish , and the price is respecting the ascending channel. Bearish Risk: If price falls below 1.60 USD...