$PI FACING STRONG RESISTANCE – DOWNSIDE RISK AHEAD?

Pi Network is struggling to break past a key resistance zone at $1.9948, showing signs of potential weakness. If buyers fail to push the price higher, a further decline could be on the horizon.


πŸ“Š Key Levels to Watch

πŸ”Ί Resistance: $1.9948 – A breakout above this could send PI toward $2.0364.

πŸ”» Support: $1.5708 – Losing this level may drive PI lower toward $1.5682.


🎯 Trade Setup – Maximize the Move!

πŸ“ˆ Long Entry: If PI reclaims $1.9948, it could rally toward $2.0364.

πŸ“‰ Short Entry: A rejection at $1.9948 could trigger a drop toward $1.5708.

🚨 Stop-Loss: Above $2.0500 to manage risk.


πŸ“‰ Market Insights – What’s Driving This Move?

βœ… Bearish Pressure: PI is struggling at resistance, facing seller dominance.

βœ… Breakdown Risk: Losing $1.7978 could accelerate selling momentum.

βœ… Consolidation Phase: PI has been ranging, waiting for a breakout or breakdown.


πŸ’‘ Final Thought: PI must break $1.9948 for a bullish push. Otherwise, further downside toward $1.5708 remains likely.

#StrategicCryptoReserve #G20 #Macro Insights# #WLFI #CMC Smart Quests#

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March 07, 2025 at 4:09 PM
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