Piots of Pi currency prices for today (May 30)

Pi Coin continues to lose Earth as it trades at $ 0.6798, a decrease of 5.70 % during the past day. After multiple failed attempts to break the descending trend line, the distinctive symbol is now approaching more than the critical support area. With an increase in size by 36.23 %, market activity increased, but not yet in favor of bulls.

Let’s disintegrate the future today.

What we got yesterday

In yesterday’s expectations, PI’s price expectations suggested three possible paths: unification, collapse or collapse. We have warned that the step of less than $ 0.70 can offer the price to more negative aspect towards the 0.60 – 0.66 dollar. This declining preparation has now started playing.

Shortly test the countdown line, fail to penetrate, and reflect it with a sharp movement down. Technical rejection affirmed this level that the declining pressure is still in control. The subsidy area of ​​$ 0.66 is now being seen closely, as it has been monitored in many previous sessions but under renewable pressure.

Overview of the daily PI (May 30)

• The current price: 0.6798 dollars
• Change 24 hours: -5.70 %
• 4H RSI: 24.65 (Overost)
• Quantity: Higher than previous sessions (+36.23 %)

The Coin Coin price scheme displays a continuous chain of the highest levels and low declines, which is a descending triangle style. This setting usually prefers to collapse unless the bulls are able to quickly restore the higher lands. The main resistance remains about 0.73 – 0.75 dollars, while the closest support is located at $ 0.66.

What the PI currency scheme shows

4H chart confirms the dominance of the sellers. Each bounce was weaker than the latter, and the scattered trend line is still intact. The current collapse attempt is the third test of 0.66 – 0.67 dollars.

Rejection from the trend line is in line with a decrease in purchasing attention and relief in the declining momentum. Although the size increases, it appears to be driven by sales orders more than accumulation. Without a transformation in the structure of trend or certain upward difference, the risk of the downside is still high.

Technical indicators (time frame)

Most indicators continue to reflect the declining bias With no short -term signs of reflection.

Pi -currency predictions scenarios

The climbing scenario: If Coin PI can break more than $ 0.73 – $ 0.75 with a strong size, the region can re -test 0.80 – 0.85 dollars.

Neutral scenario: If the support is supported at $ 0.66, the side unification may continue between $ 0.66 and $ 0.73.

Detate scenarioA collapse less than $ 0.66 to pay the price to $ 0.60 or even $ 0.55, especially if the size increases on the sale side.

Moreover, the declining structure It is still sound like Pi Coin Price struggling to keep it Support near $ 0.66. The clock indicators show a strong negative momentum, and warns the descending triangle style. Unless the bulls quickly enter with the size and restoration of a range of $ 0.73, the PI can continue to slide in the short term.

Also read: Oondo is ready for a 4X explosion? The scheme shows an opportunity to buy before the main collapse

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