#pi
Based on current technical analysis data for PI, we provide contract trading strategies:
📊 Current Market Conditions
PI Price: $0.34916, down 9.44% in the last 24 hours ⬇️
Technical indicators show clear bearish signals
🔴 Short Selling Strategy
Entry Point: Short when rebounding in the range of $0.351-0.353
Stop Loss: $0.358 (upper resistance level)
Target 1: $0.345 (recent low)
Target 2: $0.340 (psychological support)
📈 Technical Basis
RSI is in the oversold area of 30.76 but has not reversed
MACD remains negative, momentum is weak
Super trend indicator shows all bearish signals
Trading volume is shrinking, lacking buying support
⚠️ Risk Management
It is recommended to operate with a light position, keeping the position under 20%
Strictly enforce stop loss to avoid holding positions
Pay attention to the key support at $0.340; breaking this will accelerate the decline
💡 Operational Suggestions
In the short term, the technical outlook for PI is weak, suitable for short selling strategies. Wait for a rebound near the resistance level to establish short positions, targeting the support level below.