$PI is consolidating around $0.088, with the 1H structure showing repeated reactions from the $0.0845–$0.0863 demand zone. Sellers are currently pressing price lower, so this area is the key level to watch.
A sweep into that demand followed by a strong 1H reclaim could set up the next bounce. The first hurdle is around $0.0922–$0.0935, where recent price action has struggled to hold above.
If buyers regain momentum, the main upside objective sits at $0.0922–$0.0935, matching the marked supply zone. That would be the major test for the recovery.
The setup is basically demand → reclaim → $0.090 → $0.0922–$0.0935. If $0.0850 gives way cleanly, however, the bullish roadmap loses strength and lower levels could come into play.
#PiNetwork #Altcoin Season# #MarketAnalysis
A sweep into that demand followed by a strong 1H reclaim could set up the next bounce. The first hurdle is around $0.0922–$0.0935, where recent price action has struggled to hold above.
If buyers regain momentum, the main upside objective sits at $0.0922–$0.0935, matching the marked supply zone. That would be the major test for the recovery.
The setup is basically demand → reclaim → $0.090 → $0.0922–$0.0935. If $0.0850 gives way cleanly, however, the bullish roadmap loses strength and lower levels could come into play.
#PiNetwork #Altcoin Season# #MarketAnalysis