π Pi Coin is LIVE on Bitget β Trading at $1.40! π°
#PiCoin has officially hit Bitget, marking a huge milestone for the Pi ecosystem! π With the Open Network launch, Pi now connects with external blockchains, unlocking real-world utility and seamless trading!
π Current Price: $1.40
πΉ Pair: $Pi/USDT
π Deposits & Withdrawals: Enabled
π‘ Donβt miss outβTrade #Pi now on Bitget! π
πhttps://www.bitget.com/en/register?from=spot&vipCode=xm272285&content=2.47.5_1740040220981_2_8
Referral link
https://partner.bitget.site/bg/RZPAXJ
π Referral code -
#PiCoin has officially hit Bitget, marking a huge milestone for the Pi ecosystem! π With the Open Network launch, Pi now connects with external blockchains, unlocking real-world utility and seamless trading!
π Current Price: $1.40
πΉ Pair: $Pi/USDT
π Deposits & Withdrawals: Enabled
π‘ Donβt miss outβTrade #Pi now on Bitget! π
πhttps://www.bitget.com/en/register?from=spot&vipCode=xm272285&content=2.47.5_1740040220981_2_8
Referral link
https://partner.bitget.site/bg/RZPAXJ
π Referral code -
xm27β€βπ₯4π2π₯1
The 15-minute chart is currently forming a Bearish Flag, a pattern that usually signals continuation of the downtrend.
The question now: Will the support hold, or is another leg down coming?
Bearish flags typically break downward, meaning a drop below $1.38 could send PI toward $1.35 or lower.
A breakdown with volume would confirm further downside.
If price breaks above $1.44, it could invalidate the pattern and attempt a recovery toward $1.48 - $1.50.
Bulls need to push the price above the resistance to escape bearish pressure.
PI is gaining attention as a new entrant in the digital asset space, focusing on innovative blockchain solutions. Its growing community is a driving force, but market structure and sentiment will determine the next move.
This is a pivotal momentβa breakdown could accelerate losses, while a breakout would trap shorts and trigger a rally.
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$PI β Elliott Wave Cycle in Focus
#Pi Network is unfolding a Elliott Wave 5-wave impulse structure on the 1-hour chart, signaling a strong uptrend with clear phases of expansion and correction.
Hereβs the breakdown:
Wave (1) to (5) shows a full impulsive move, with wave (5) topping near $0.9893βmarking a potential short-term high.
The price has now started a correction phase (wave a), which typically follows a 5-wave impulse.
Key Fibonacci retracement levels to watch π
0.382 retracement: $0.8797 (minor support)
0.5 retracement: $0.8459 (medium confluence zone)
0.618 retracement: $0.8121 (golden pocket & stronger demand area)
These levels could serve as bullish re-entry zones if price stabilizes and volume confirms strength. This structure remains valid unless we break below wave (4)'s base, which would invalidate the bullish sequence.
#Pi Network is unfolding a Elliott Wave 5-wave impulse structure on the 1-hour chart, signaling a strong uptrend with clear phases of expansion and correction.
Hereβs the breakdown:
Wave (1) to (5) shows a full impulsive move, with wave (5) topping near $0.9893βmarking a potential short-term high.
The price has now started a correction phase (wave a), which typically follows a 5-wave impulse.
Key Fibonacci retracement levels to watch π
0.382 retracement: $0.8797 (minor support)
0.5 retracement: $0.8459 (medium confluence zone)
0.618 retracement: $0.8121 (golden pocket & stronger demand area)
These levels could serve as bullish re-entry zones if price stabilizes and volume confirms strength. This structure remains valid unless we break below wave (4)'s base, which would invalidate the bullish sequence.
If the correction finds support and holds, the next impulsive move (wave C or new wave set) could push us to fresh highs.
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$PI forming a Potential Double Bottom Pattern! π
#PI is currently testing a crucial reversal zone after completing two symmetric dips near the $0.19β$0.20 support β hinting at a possible double bottom formation.
πΈBottom 1: Formed near $0.193, marking the first major support test.
πΉBottom 2: Retesting the same zone with decreasing sell volume β a sign of bear exhaustion.
πΈNeckline resistance: Around $0.208β$0.210 β a breakout above this level could confirm bullish reversal momentum.
#PI is currently testing a crucial reversal zone after completing two symmetric dips near the $0.19β$0.20 support β hinting at a possible double bottom formation.
πΈBottom 1: Formed near $0.193, marking the first major support test.
πΉBottom 2: Retesting the same zone with decreasing sell volume β a sign of bear exhaustion.
πΈNeckline resistance: Around $0.208β$0.210 β a breakout above this level could confirm bullish reversal momentum.
π― If confirmed breakout: Price could push toward $0.215 β $0.22
β οΈ If rejection continues: Watch the $0.19 zone β losing this may extend downside pressure.
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$PI forming a potential double-bottom β patience still key β³
After the sharp rejection from the highs, price formed Bottom 1, bounced, and is now revisiting a similar zone to print Bottom 2. This is a classic area where the market decides whether buyers step back in or the range breaks down.
Whatβs important here is confirmation, not prediction.
Bullish expectation:
β’ Strong hold above 0.202β0.200
β’ Break and close above 0.208
β’ Opens upside toward 0.212 β 0.218
Bearish risk:
β’ Clean loss of 0.200
β’ Could slide toward 0.195β0.191
After the sharp rejection from the highs, price formed Bottom 1, bounced, and is now revisiting a similar zone to print Bottom 2. This is a classic area where the market decides whether buyers step back in or the range breaks down.
Whatβs important here is confirmation, not prediction.
Bullish expectation:
β’ Strong hold above 0.202β0.200
β’ Break and close above 0.208
β’ Opens upside toward 0.212 β 0.218
Bearish risk:
β’ Clean loss of 0.200
β’ Could slide toward 0.195β0.191
Right now, #PI is still inside a decision box. Let the second bottom prove itself before taking bias β the real move starts after confirmation, not during uncertainty.
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