PI just tanked 10% this week 📉 will that $0.13 support actually hold or are we spiraling deeper? 👀🖤
Market Crash Sends PI to Key Support
This week PI printed a fresh low after that brutal 10% slide, landing right at the $0.13 support zone. Buyers crept in but the vibe still feels bearish with sell volume creeping higher these past few days. Since we made a lower low the downtrend stays locked in, ready to hunt new lows if $0.13 flips into resistance next.
Sellers Dominate
On the 3-day chart sellers have owned 8 straight candles, dragging price down 30%. That aggressive dump kicked off the second $0.16 support cracked. If $0.13 flips resistance too we could see the same pattern accelerate toward the next target at $0.10.
Daily RSI is Oversold
The latest drop shoved daily RSI deep into oversold below 30. Right now it sits around 25 with zero reversal signs and more downside possible. Still this hints sellers might be getting too greedy so a sneaky bounce or relief rally could sneak in later. Keep an eye on how price behaves at $0.13 if it holds buyers might finally get a chance to step back in.
Just another echo from the void by iconofsin.eth 💖
