$PI: Coiling At The Triangle Floor
🎯 My Plan
Support: 0.1620 – 0.1680
Resistance: 0.1950 – 0.2050
Target: 0.1950 – 0.2000
Reasoning:
$PI is currently compressing within a macro triangle pattern after a prolonged correction. The price has successfully defended the primary support line and is now positioning for a rotation toward the upper resistance. This move aims to break the local descending structure, hit the 0.20 psychological level, and capture liquidity trapped within the upper range.
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