The PI token of Pi Network shows a breakout from a repeating Adam and Eve pattern, hinting at a potential trend reversal. A large wallet investor accumulated over 984,000 PI tokens, raising their total to 351.74 million tokens, exceeding any individual exchange’s holdings.
While bullish momentum is present, the technical outlook remains mixed, indicating cooling enthusiasm. Investors should watch the support around 0.4000 USD and the 50-period EMA at 0.3863 USD to gauge potential price movements moving forward.
Leave a Reply