Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Can the bull in the PI Network face in the face of steady sales pressure?
ALTCOIN NEWS

Can the bull in the PI Network face in the face of steady sales pressure?

By Crypto FlexsJune 3, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Can the bull in the PI Network face in the face of steady sales pressure?
Share
Facebook Twitter LinkedIn Pinterest Email
  • The PI has an optimistic propulsion on a four -hour chart, but the lack of demand remains a continuous problem.
  • The $ 0.66 and $ 0.8 level were the following significant obstacles of the PI network tokens.

PI Network (PI) has almost repaid profits in early May. In early June, the bulls seemed to be ruthless, and they were traded at a lower level than three months ago. At the time of writing, the level of Fibonacci rebsREMENT showed that the $ 0.8 level was the next major resistance of the day.

In early May, the PI Post had an optimistic move of 188%, and the price of 63%was deleted all profits in May. This volatility can surprise investors.

PI network tokens can struggle to recover

PI 1 day chart

Source: TradingView’s PI/USDT

In the 12 -hour chart, the token seemed to form a descent net pattern. Such a pattern usually heralds the end of the fall. Beyond the pattern of the pattern is expected to see a powerful rally.

But there were some problems in the wedge patterns of the PI chart. The two trend lines were often not tested, especially the tendency to tend to be lower. From May 20-29, there was a large space at the bottom of the pattern.

Therefore, the wedge pattern is not clean, and investors should not yet expect a quick recovery. MFI has shown that momentum remains weak, and in the last 10 days, slow sales have occurred behind the PI network tokens.

4 hours chart4 hours chart

Source: TradingView’s PI/USDT

On the four -hour chart, the downturn of OBV last week became clear. It emphasized the sales pressure on the PI that emphasized the lowest on May 8th. In the press time, the PI network token tried to expand the level of $ 0.66.

This effort may not be successful for a while. Especially because the OBV hasn’t canceled the decline yet. MFI has been strong, but PI will not be able to overturn the $ 0.66 level to support PI without steady demand.

Indemnity Clause: The information presented does not make up financial, investment, transactions, or other types of advice, and is entirely the artist’s opinion.

Next: KEETA CRYPTO ‘S ROAD TO $ 1 -The way you can use is:

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Can BNB break the new top score? Two elements suggest a strong rise.

June 5, 2025

Stablecoin issuer raises the IPO to more than $ 1 billion

June 5, 2025

Cardi B’s WAP is moisturized again, and the top on chain detective

June 5, 2025
Add A Comment

Comments are closed.

Recent Posts

Can BNB break the new top score? Two elements suggest a strong rise.

June 5, 2025

Self -correction AI Work Floro Trade Capture Improvements

June 5, 2025

Lightchain AI rises to leading picks, and Litecoin is interested in legacy as interest is reduced.

June 5, 2025

Stablecoin issuer raises the IPO to more than $ 1 billion

June 5, 2025

Audio control improvement: Elevenlabs SP1 Soundboard Connection to MIDI controller

June 5, 2025

Cardi B’s WAP is moisturized again, and the top on chain detective

June 5, 2025

Nvidia

June 4, 2025

Bitcoin robbery is a trader after market rotation; ETH, DOGE LEAD majors

June 4, 2025

IP cooperation with the original ZEUS artist and trademark holders

June 4, 2025

DOW JONES wins Streak with weak growth and cost increases.

June 4, 2025

NVIDIA Blackwell achieves an improvement of 2.6x performance in MLPERF training v5.0.

June 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Can BNB break the new top score? Two elements suggest a strong rise.

June 5, 2025

Self -correction AI Work Floro Trade Capture Improvements

June 5, 2025

Lightchain AI rises to leading picks, and Litecoin is interested in legacy as interest is reduced.

June 5, 2025
Most Popular

Binance Plans to Delist ARPA/BNB, COMP/TUSD, EDU/BNB, and PENDLE/TUSD

March 13, 2024

Making cryptocurrency accessible and convenient

December 3, 2024

Sui unveils Truncator for gas-friendly post-quantum signatures

June 8, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.