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Pi Coin continues to trade under pressure after a sustained selloff from the $0.66 range. The Pi coin price today is holding around $0.482, clinging to the last significant demand zone between $0.47 and $0.48. With recent candles hovering just above local support, all eyes are on whether this zone will attract enough buyers to hold off another leg down.
On the 4-hour chart, Pi coin price action remains trapped within a broader descending channel. Price recently bounced from the $0.4719 demand zone, which has historically acted as a pivot for temporary recoveries. However, repeated rejections from the $0.52–$0.5347 supply band, coupled with volume profile resistance, suggest the upside remains limited unless this area is decisively cleared.
The daily structure shows a weakening trend, with lower highs since May and a failure to reclaim key dynamic resistance levels. Price continues to follow a bearish trajectory under the descending trendline, and any upside rally will need to break this diagonal pressure to confirm a re…
The post Pi Coin (PI) Price Prediction for July 5 appeared first on Coin Edition.
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Pi Coin continues to trade under pressure after a sustained selloff from the $0.66 range. The Pi coin price today is holding around $0.482, clinging to the last significant demand zone between $0.47 and $0.48. With recent candles hovering just above local support, all eyes are on whether this zone will attract enough buyers to hold off another leg down.
On the 4-hour chart, Pi coin price action remains trapped within a broader descending channel. Price recently bounced from the $0.4719 demand zone, which has historically acted as a pivot for temporary recoveries. However, repeated rejections from the $0.52–$0.5347 supply band, coupled with volume profile resistance, suggest the upside remains limited unless this area is decisively cleared.
The daily structure shows a weakening trend, with lower highs since May and a failure to reclaim key dynamic resistance levels. Price continues to follow a bearish trajectory under the descending trendline, and any upside rally will need to break this diagonal pressure to confirm a re…
The post Pi Coin (PI) Price Prediction for July 5 appeared first on Coin Edition.
Read More