PI just bounced from the lower wedge support, and buyers are stepping in right on time. This is exactly where smart money looks for reversals.Price tapped the lower boundary of the falling wedge (~0.178–0.180) and instantly bounced, showing strong demand. Right now, #PI is attempting to regain momentum, with short-term structure shifting slightly bullish on lower timeframes.
This is a bounce play, not a breakout yet.
If momentum continues, we can expect price to grind back toward the upper wedge resistance around 0.19–0.195, which is the immediate target zone for scalpers. That area has been acting as rejection multiple times, so expect reactions there.
However, if price fails to hold above 0.178 again, this bounce becomes weak and we could see another liquidity sweep below support.
Key levels
Support: 0.177–0.179
Upside target: 0.19 → 0.195
Invalidation: Break below 0.177
This is a perfect scalping setup — ride the bounce from support to resistance, but don’t overstay. It’s still inside a wedge, so volatility can flip fast.
Bounce confirmed… now eyes on resistance 👀
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.