DegenGeneral

$PI is trading between $0.343 and $0.378 after dropping nearly 10% earlier this month, with technicals leaning bearish in the near term. The token is consolidating inside a descending triangle, facing resistance at $0.346–$0.350 and support at $0.330–$0.344.

A decisive break below support could open the door to deeper losses, while a breakout above resistance may trigger a push toward $1, backed by a potential double-bottom setup and an oversold RSI (33.88). Momentum indicators like the Awesome Oscillator and Chaikin Money Flow show weakness and capital outflows, but with the Fear & Greed Index at a neutral 48, some traders see room for accumulation. Volatility in the short term will likely hinge on which key level gives way first.

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