#pi

Here is a technical analysis of the PI/USDT chart with 1D (daily), 1W (weekly), and 1M (monthly) time frames. Plus entry and exit suggestions:

🔍 1D Timeframe Analysis (Daily)
🔸 Current Condition:
Price: $0.5454 (down -5.94%)

Structure: Still in a downtrend since April.

Volume: There is an increase in volume in the area below the price, but there has been no bullish follow-through.

🔸 Price Action:
Dominant red candles, consecutively, indicate that selling pressure is still strong.

There is no valid bullish engulfing or reversal signal.

Price failed to break above minor resistance around $0.65 - 0.70.

🔸 Support & Resistance Area:
Strong support: $0.50 - if broken, potential to fall to $0.40.

Strong resistance: $0.65 - $0.70.

🔍 Timeframe Analysis 1W (Weekly)
🔸 Condition:
Price: $0.5466, weekly candle is also red (down -5.66%).

Medium-term structure: Consistent downtrend since the peak above $3.

Weekly volume starts to decline = buying interest is also starting to weaken.

🔸 Price Action:
Small candles in sequence after May high rejection = weak consolidation, not strong accumulation.

No strong reversal signal.

🎯 Candle Direction Conclusion (High Probability):
➡️ Continuation Down is still dominant, unless there is:

Strong bullish candle with large volume.

Break out and close above $0.65.

📈 Entry - Exit Strategy Recommendations
🔻 Entry (Short-Sell/Breakdown Strategy):
Entry if it breaks $0.50 (breakdown confirmation).

SL above $0.57

TP 1: $0.45

TP 2: $0.40

🔺 Entry Buy (Reversal Strategy – Low Risk):
Speculative entry in the strong support area of ​​$0.50, wait for a reversal candle (eg hammer + large volume).

Tight SL at $0.47

TP 1: $0.60

TP 2: $0.70

⚠️ Additional Notes:
PI is still very speculative, not officially listed on many exchanges.

Avoid large lots, focus on scalping / short swings until the structure changes.