Invest in other exchanges in the currency $Pi Network, take this into consideration;
Resistance: Around $26 and $39, where the price has previously bounced.
Support: Around $17.35 and $13.01, which have been reaction levels in the past.
Indicators and Sentiment:
The price has fallen by -6.05% in the last 24 hours.
In the last 7 days, it has dropped by -32.74%, confirming selling pressure.
The market is split between 56.16% of long-term investors looking to buy and 43.84% of short-term investors looking to sell.
Conclusion
The movement remains bearish, although there are signs of attempts to recover at the supports.
Watch Zone: If the price breaks below $17.35, it could look for $13.01. If it surpasses $26, it could attempt to change the trend.
Recommendation: Exercise caution with volatility and confirm reversal signals before trading long.
Resistance: Around $26 and $39, where the price has previously bounced.
Support: Around $17.35 and $13.01, which have been reaction levels in the past.
Indicators and Sentiment:
The price has fallen by -6.05% in the last 24 hours.
In the last 7 days, it has dropped by -32.74%, confirming selling pressure.
The market is split between 56.16% of long-term investors looking to buy and 43.84% of short-term investors looking to sell.
Conclusion
The movement remains bearish, although there are signs of attempts to recover at the supports.
Watch Zone: If the price breaks below $17.35, it could look for $13.01. If it surpasses $26, it could attempt to change the trend.
Recommendation: Exercise caution with volatility and confirm reversal signals before trading long.
