PI is currently trading near $0.203, sitting right at a significant daily demand zone. This level matters. If the support holds firm here, we could see a decent bounce targeting the $0.22–$0.24 range—that's worth watching. But there's a flip side: any daily close dropping below $0.20 would wipe out the bullish case entirely. Keep monitoring this zone closely, as it'll determine the next move.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
LoveListeningToCanton
· 12-17 19:00
0.2 has no support, just a support point in wishful thinking. It doesn't matter whether it breaks or not.
View OriginalReply0
GateUser-9ad11037
· 12-17 17:57
0.20 If that critical level can't hold, then the rebound story is over.
View OriginalReply0
AirdropAnxiety
· 12-17 17:56
The 0.20 line is really stuck; if it breaks, it's completely over. Only by holding steady can there be hope.
View OriginalReply0
GasFeeCrier
· 12-17 17:51
0.203 is indeed a tight position; whether it breaks or not depends on breaking 0.20.
View OriginalReply0
liquidation_surfer
· 12-17 17:40
Holding the 0.20 line is the real deal; otherwise, it's all over.
PI is currently trading near $0.203, sitting right at a significant daily demand zone. This level matters. If the support holds firm here, we could see a decent bounce targeting the $0.22–$0.24 range—that's worth watching. But there's a flip side: any daily close dropping below $0.20 would wipe out the bullish case entirely. Keep monitoring this zone closely, as it'll determine the next move.