$PI COLLAPSES 97% FROM ATH â EVERY RALLY IS A TRAP đ»
The structure is broken. Pi Coin slides to $0.0755 after an intraday spike to $0.084 was rejected almost instantly. The daily close below the 200âEMA and the 50âEMA on the 4H now confirms a fresh leg lower.
Only 4.7âŻbillion of 100âŻbillion Pi is in circulation. Another 127âŻmillion tokens unlock this quarter, adding constant overhead supply. The MACD is still negative, and the FVG above current price is the only nearâterm target before a likely rejection at the bearish order block.
Are you shorting these bounces or waiting for a structural reclaim above the supply zone?
Not financial advice. Always manage your risk.
#PI #Bearish #Selloff #SupplyGlut #CryptoAnalysis
đ»
The structure is broken. Pi Coin slides to $0.0755 after an intraday spike to $0.084 was rejected almost instantly. The daily close below the 200âEMA and the 50âEMA on the 4H now confirms a fresh leg lower.
Only 4.7âŻbillion of 100âŻbillion Pi is in circulation. Another 127âŻmillion tokens unlock this quarter, adding constant overhead supply. The MACD is still negative, and the FVG above current price is the only nearâterm target before a likely rejection at the bearish order block.
Are you shorting these bounces or waiting for a structural reclaim above the supply zone?
Not financial advice. Always manage your risk.
#PI #Bearish #Selloff #SupplyGlut #CryptoAnalysis
đ»