$PI is testing rising support near 0.0888 on this daily chart, but the recovery still faces a major hurdle.
Higher lows from 0.080 suggest buyers are defending dips. However, the narrowing structure beneath the 0.093–0.100 supply zone leaves little room for weakness.
I’m watching a daily close above 0.093 first. Clearing 0.100 and holding the retest would strengthen the case for 0.110.
Lose the rising support around 0.087–0.088, and 0.085 followed by 0.080 comes back into focus.
The drawn bullish path is a scenario, not confirmation. Price needs to prove it.
DYOR, not financial advice.
#PI #PiNetwork #Meme Alpha# #Crypto #CMC
Higher lows from 0.080 suggest buyers are defending dips. However, the narrowing structure beneath the 0.093–0.100 supply zone leaves little room for weakness.
I’m watching a daily close above 0.093 first. Clearing 0.100 and holding the retest would strengthen the case for 0.110.
Lose the rising support around 0.087–0.088, and 0.085 followed by 0.080 comes back into focus.
The drawn bullish path is a scenario, not confirmation. Price needs to prove it.
DYOR, not financial advice.
#PI #PiNetwork #Meme Alpha# #Crypto #CMC
