COG Chain

$PI/ $USDT on #BingX (4H chart) is pulling back at 0.54321 as of 06:06 PM +07 on May 15, 2025!

The price hit 0.56666 but faced resistance at 0.55999, showing a sharp red candle—profit-taking in play. Support sits at the 50-period EMA (yellow) around 0.49999, a key level to watch. The uptrend remains intact with higher highs and lows, but this dip could signal a breather.

The True Volatility (TV) indicator below is dropping, hinting at slowing momentum—setting up for a consolidation? Volume spiked during the rally but eased on the pullback, suggesting weaker selling pressure.

Actionable Insight: If $PI holds above 0.49999, bulls might target 0.55999 again. A break below could test 0.46999. Are you buying this dip or waiting for a breakout?

#PI #CMC Launch: Aster# #PiNetwork #Backpack