This chart shows the current trend of PI/USDT price.
Observations:
The price is at $1.6775, with a 1.80% increase.
The 24-hour high is $1.7510, and the low is $1.6010.
MA5 ($1.5815) and MA10 ($1.6584) are trending upward, indicating a possible bullish signal, but still below MA20 ($1.8136), which acts as resistance.
Market volume is high, indicating active trading.
Estimation:
If the price closes above $1.70, it could reach $1.80–$2.00.
If it falls below $1.60, further decline is possible.
In the short term, sideways movement or slight upward momentum is more likely unless a breakout occurs.
