- The PI (PI) increased by 12.56 % to $ 0.6230 after the technical recovery from a sharp drop.
- The maximum market reached $ 4.63 billion with a volume of $ 103.5 million, which indicates a rise in trading activity.
The PI (PI) has increased by 12.56 % over the past 24 hours, and the restoration of $ 0.6230 amid a wave of speculation accumulation. Distinguished Code Cat now Stand At $ 4.63 billion, while trading over 24 hours reached 103.51 million dollars, which represents a sharp increase of 54.20 %.
With a fully reduced evaluation (FDV) of $ 62.3 billion and 7.44 billion PI supplies, the maximum market rate is 2.22 %, indicating an increase in trading density.
The last procedure follows a sharp price on June 13, which led to large -scale bonds. These parking for Drop Reset, Clearing Room for Technical Recovery. Several short-term traders monitored Fibonakshi support areas-and they started bidding.
Despite the current gains, fears that wave on the horizon remain. Opening a scheduled opening of 33.2 million PI symbols this month and KYC immigration issues that have not been resolved from the uncertainty about the long -term continuity.
Can PI break the resistance or fall more?
Technically, PI moves risky Recovery area. After breaching lower levels, set the price of $ 0.6200 as short -term support. Rejection of $ 0.6410 indicates resistance in that area.
A certain outbreak above $ 0.6410 can put the stage at an altitude of about $ 0.6580. However, if 0.6200 dollars collapsed decisively, PI may reconsider the lowest level of the day near 0.6100 dollars or worse, and decrease about $ 0.6,000.
The momentum signals are still mixed. The RSI is located at 47.19, less than the 50 moving average, indicating neutral purchase pressure to weakness. The average relative strength index has not preceded 43.72 after a fixed direction.
Meanwhile, the flow of Chaikin (CMF) at 0.02 is hardly complicated than zero, indicating that simple flows supports the price procedure. This level can be easily turned out if the fading size is.
The short -term average medium intersection occurred where the RSI touched 60 for a short period during the early bouncing. Then the fast movement line was reflected at the bottom of the slower line, which reflects a failed bullish outlook. Such an intersection usually warns the slowdown stage unless the demand is renewed soon.
Involve
