PIUSD - ANALYSIS

👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of PI Network (PI-USD) with you.

Looking at the PI Network chart, I anticipate a price decline towards the 78.60% Fibonacci level, which should bring the price down to 0.4854. After reaching this level, I expect a potential price bounce upwards towards 0.6466. However, if the 78.60% Fibonacci level breaks to the downside, I expect further price decline with a target of 0.100.

📉 Expectation:
Bearish Scenario: Price reaches 0.4854, followed by an upward move to 0.6466.
Worst-case Scenario: Break below the 78.60% Fibonacci level → further downside targeting 0.100.

💡 Key Levels to Watch:
Support: 0.4854
Resistance: 0.6466, 78.60% Fibonacci level

💬 What’s your take on PI Network this week? Let me know in the comments!

Trade safe