On Friday, PI Coin enters less than the main support level after the extended sale pressure. After a failed attempt to restore $ 0.66, the distinctive symbol is now hovering over the 0.62 brand. With the high level of sound, but the momentum fades, the path remains unclear as the bears continue to control most of the time frames.
Let’s disintegrate the future today.
What we got yesterday
In the PI prediction yesterday, we identified three potential scenarios, with the most likely a vigilance result. That played now. The PI has failed to restore $ 0.66 and instead broke less than $ 0.63. As expected, this move raised the minimum support scope near $ 0.62.
We also noticed that the technical indicators were firmly down, with no sign of the conversion of momentum again in favor of the bulls. This is still true today. The price structure continues to make low highlands, and short physical candles reflect uncertainty and weak purchase benefits.
PI Coin Daile Louple (June 6)
- The current price: 0.6243 dollars
- 24 hours change: -4.90 %
- Quantity: +31.70 %
- direction: Land, with constant pressure near local support
Coin Coin is now trading less than $ 0.63-0.66 dollars, which was previously working as short-term support. The chart shows a weak recovery attempt earlier in the session that was quickly rejected. With a high size and decrease price, the pressure pressure appears to be condensed.
What the PI currency scheme shows
The daily chart reflects a clean, clean structure. Since peak over $ 1.80 in mid -May, the price decreased steadily, which is a clear pattern of low altitudes and low decrease. A scope of 0.60 – 0.62 dollars is now tested again, a level that was a launch platform in April.
Last week, many candles show a long tail, hinting at repeated rejection attempts. The market remains in the pressure phase, and if the $ 0.61 region fails to keep it, a more severe decrease of about $ 0.58 or $ 0.53 per currency price PI may be revealed.
Technical indicators (daily time frame)
| index | value | Sign / Interpretation |
| RSI (14) | 38.88 | Detate momentum, has not yet been overlooked |
| ADX | 47.24 | Strong direction, which confirms the current lower direction |
| MACD (12,26) | -0.03 | Digital crossover, short -term momentum |
| CCI (14) | -103.49 | Excessive sale lands, but there is no reflection yet |
| The final oscillator | 40.32 | Weak demand, sellers still control |
| ROC (change rate) | -24.73 | Strong negative momentum, the accelerated direction below |
| Taurus power/bear (13) | -1176 | Bears maintain control near the main support |
summary: Each major indication continues to refer to a declining preparation. The momentum is aligned, the strength of the direction, and the structure are all with more risks of the negative side unless a sharp reflection occurs.
Pi -currency predictions scenarios
The climbing scenarioA clean break above $ 0.66 with a volume of recovery about $ 0.70, but the probability is currently low.
Neutral scenarioSide movement may develop between $ 0.61 and $ 0.63 if the pressure sale is cool.
Detate scenario: A certain collapse opens less than $ 0.61 the door for more losses about $ 0.58 or even $ 0.53.
conclusion
The price of the PI metal currency remains closed in a clear, clear direction, with Every attempt to recover facing rejection. While picking up the trading volume, it is not translated into the movement of the upward trend. Without a basic catalyst or directional reflection signal, he fights bulls to defend the main support.
The level of $ 0.61 will be the most important price to see today. Daily closing below may lead to another wave of sale. As is the case, the momentum, the structure and the technology support the constant pressure in the short term.
Also read: To what extent can the price of Dogoin (Doge) rise in this course? This graph gives an idea
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