PI/USDT struggling at a low level, the cost line is out of reach, MACD death cross still... Holding on for an eagle?:**



Staring at the PI/USDT chart, my feelings are complicated... The current price is 0.4447, although there is a slight increase of +0.57% in 24 hours, but let's take a look at this position:

Average cost: Partners at 0.6 are currently 44.8% away from breaking even!😱(
24h high and low: 0.43227 - 0.44800 ) narrow fluctuations, no direction (
Position display: floating loss -22.3135 million ) real damage... Those who understand, understand (

The technical aspects are also not optimistic:
MACD )12,26,9(: A definite death cross pattern! DIF: -0.23199, DEA: -0.22119, MACD: -0.01080. The green bars (although the screenshot shows numbers, negative values represent red bars) are pointing down, and bearish momentum is still dominant.
Moving Average Pressure: MA5: 0.48238, MA10: 0.58318. The price is firmly held down by these two short-term moving averages, making it difficult to turn around.
Volume: 24-hour volume 60.23 million PI / 26.54 million USDT, not particularly active, with a strong atmosphere of wait-and-see.

Summary & Feelings:
1. Deeply trapped: The current price is a hundred and eighty thousand miles away from the cost line, and there is no hope of a short-term escape, purely in a "waiting for the eagle" state.🦅
2. Technical Weakness: MACD death cross + bearish alignment of moving averages, technically there are no signs of a strong rebound. A large volume bullish candlestick is needed to change the downward trend.
3. Small fluctuations, narrow intraday fluctuation range, limited operational space, making it difficult to execute swing trades.
4. Gate Popularity: The trading volume and popularity on Gate are decent (NO.32), but the market is still weak.

The current question is:
Continue to hold on for a big reversal that may come at an unknown time? ) faith recharge?💪(
Cutting losses to exit the market? ) pain...💔(
Still... should I add a bit at the low position to dilute the cost? ) risk doubled!⚠️(

Brothers, what do you think about the trend of PI? Are there any comrades caught in the same situation? Let's discuss strategies and insights! ) #PI # #加密货币 #
#熬鹰 #
PI-11.25%
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YoulongSaysPivip
· 07-18 12:56
Steadfast HODL💎
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BrotherJingTheWalkervip
· 07-18 03:29
Hold on tight, we are about to To da moon 🛫
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