The PI network gathered severely last week. How high is it?
Main support levels: $ 1.4, $ 1
Main resistance levels: $ 1.7, $ 2
1. The price explodes
Last week or so, the PI price exploded and was hit almost three times. He went from $ 0.6 to approximately $ 1.7. The withdrawal here is likely to think about this huge gathering at such a short time of time. If buyers are not able to break the resistance at $ 1.7, PI may drop to $ 1.4 support.
2. Indicators at the height of purchase
Daily RSI places PI at 88 points from 100 as a maximum. This puts the original PI icon in the peak area. If the correction is already affiliated, the support levels will be at $ 1.4 and $ 1, the most likely candidates to stop any future fall.
3. Buying its size is walking on the si
One of the reasons that PI managed to manage such an impressive gathering is that the purchase size has gone in a few days. The bulls came in strength, and this size has not been seen since the price decreased in early April at $ 0.4.
It is difficult to keep such a gathering over time, so it is important to be careful whenever the size stops making higher levels.
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