Analysis of PIUSDT (Pi Network/Tether) 1-Hour Chart๐Ÿ’ช๐Ÿ’ช๐Ÿ’ช


Key Observations:

Uptrend in Progress:


The price is following an ascending trendline in both charts.

The Linear Regression Channel confirms an upward bias, indicating that the price is moving within a rising trend.

Breakout from Consolidation:


The price was moving sideways for some time before breaking out upwards.

A strong bullish candle shows that buyers are in control.

Indicators Suggest Bullish Momentum:


VWAP Support: The price is above the VWAP (Volume Weighted Average Price), which indicates buying strength.


For Full Analysis Please go to Picoin Trading Official blog:




https://shortstory247.blogspot.com/2025/02/analysis-of-piusdt-pi-networktether-1.html

$XLM

XLM
XLM
0.1555
-1.20%