Pi Coin Dip Buyers Step In—but Only Big Money Can Stop the Breakdown
Pi Coin value is up a bit of over 1% in the previous 24 hours, however it nonetheless trades greater than 20% decrease over the final three months. The downtrend has not reversed, but one thing has shifted.
A breakdown was forming on the chart, however dip patrons have stepped in at the final potential second. Now, solely large cash can verify whether or not this survival try turns into a robust rebound, or if Pi Coin goes proper again towards the breakdown zone.
Dip Money Tries to Hold the Line
Between December 19 and December 25, the price of Pi Coin trended lower. At the identical time, the Money Flow Index (MFI), which tracks whether or not capital is coming into on dips, made increased highs. That is a bullish divergence. It suggests dip patrons are absorbing promote strain earlier than it may set off a full breakdown.
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The divergence isn’t beauty. The MFI curled upward at the actual second the Pi Coin value began shifting towards the neckline of its head and shoulders sample. That sample nonetheless factors down, however the response in MFI helped forestall the rapid breakdown.
Only Big Money Can Turn the Price Right Side Up
This is the place the Chaikin Money Flow (CMF) enters. CMF tracks large cash flows. It measures whether or not deep liquidity and bigger orders are literally coming into the market. Pi Coin’s CMF has damaged above its descending development line and is now aiming for a zero line break for the first time since mid-November.
For this try and flip the construction proper facet up, CMF should shut above the zero line. The final time CMF did this was between November 14 and November 16. When that occurred, Pi Coin rallied by 10.76% in the subsequent classes.
The construction is analogous at current, however affirmation is missing. Without CMF above zero, the transfer stays incomplete. The PI price chart is paused mid-pivot.
Pi Coin Price Levels That Decide Everything
The neckline of the head and shoulders sample sits close to $0.182. As lengthy as Pi Coin holds above this line, the bearish construction stays unconfirmed. A transfer above $0.218 would mark a 6% push increased and break above the proper shoulder of the sample. That would weaken the breakdown thesis and sign that the CMF shift is actual.
Below $0.192 (the warning stage), the breakdown story restarts. A every day shut below $0.182 (11% down) confirms the neckline break, opening the door to a measured transfer towards $0.137. That is the 25% danger implied by the head-to-neckline measurement. It just isn’t assured, however the math just isn’t forgiving.
For now, the Pi Coin value is caught between dip cash and massive cash. MFI has already acted. CMF nonetheless hasn’t. Not totally. Until each align, Pi Coin is suspended between survival and continuation.
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