Femifire

$PI

Pi Coin has established strong support at $0.42, confirming it twice in mid-July and again on Friday, forming a double bottom pattern. This invalidates fears of a drop below $0.40 and sets the stage for a potential rally.

The next key resistance is $0.52 (the neckline). A breakout could push Pi toward $0.628, marking a 20%+ gain from current levels, a first since late June.

The Williams %R indicator sits at -54%, signaling neutrality, neither overbought nor oversold. This suggests a temporary pause before buyers or sellers re-enter.

Bullish Case: Buyers have consistently stepped in at $0.42, as seen last Thursday. Holding this level could fuel an upward move.

Risks: Losing $0.42 support may trigger a drop to new lows.

For now, Pi Coin remains in a consolidation phase, awaiting a decisive move.

#JustinSun #Pokemon