$PI Quick take on this token — saw a clean run-up to a sharp peak, then a steady pullback; price is sitting near short-term support around $0.24.
Short-term (1H): likely a slow bounce to ~$0.255 if MA5 crosses MA10; fail that and we retest $0.232. Medium-term (1D): expect consolidation between $0.22–0.29 while momentum rebuilds. How I refined that: MA crossover (fast vs slow), Bollinger squeeze/width, and MACD trend — they all point to a possible short bounce but no decisive trend yet.
Short: “Bounce likely to $0.255 if MA5 beats MA10; otherwise retest $0.232.”
Conservative: “Wait for daily close above $0.26 for trend confirmation.”
Aggressive: “Break above $0.27 targets a re-test of the previous high.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$PI Quick take on this token — saw a clean run-up to a sharp peak, then a steady pullback; price is sitting near short-term support around $0.24.
Short-term (1H): likely a slow bounce to ~$0.255 if MA5 crosses MA10; fail that and we retest $0.232.
Medium-term (1D): expect consolidation between $0.22–0.29 while momentum rebuilds.
How I refined that: MA crossover (fast vs slow), Bollinger squeeze/width, and MACD trend — they all point to a possible short bounce but no decisive trend yet.
Short: “Bounce likely to $0.255 if MA5 beats MA10; otherwise retest $0.232.”
Conservative: “Wait for daily close above $0.26 for trend confirmation.”
Aggressive: “Break above $0.27 targets a re-test of the previous high.”