PI clings to $0.15 like it’s afraid of the dark, though we can’t tell if it’ll stick around. Key support levels: $0.15, $0.13. Key resistance levels: $0.16, $0.20.
PI’s stuck in its gloomy slide
Once it slipped past $0.16, PI tumbled straight to $0.15 where some buyers perked up. Still, it’s too soon to call this a real floor. $0.13 looks sturdier after shutting down bears before. Sellers grabbed control again with this drop and might drag things even lower despite the pushback. Weird, since PI’s already bled 96% from its peak.
Sell pressure’s kinda sleepy
Sellers hold the edge, yet their volume stays quiet and keeps making lower highs. Feels like they’re not all that committed to driving it further into the abyss. If $0.15 actually holds, buyers could claw back $0.16 and maybe spark some upward energy to claw back recent losses.
MACD’s dropping but the vibe’s off
The 3-day MACD keeps carving fresh lows on its histogram, usually a bearish sign. But it’s happening alongside fading sell volume, hinting at a sneaky bullish divergence and a possible turnaround lurking. A flat MACD histogram this week would be the first hint that sellers lost their grip, opening the door to a relief bounce.
Just another echo from the void by iconofsin.eth 💖
