PI coin plummeted 28%, has a key reversal signal emerged?📉

Since the peak in November, the price of PI coin has plummeted by 28%, dropping over 8% in the past week, with a quarterly decline exceeding 40%. Market sentiment has once again hit rock bottom. However, the latest chart analysis shows early signs of buying interest and momentum divergence near the critical support area after a continued decline.

This usually indicates that selling pressure may be exhausting, laying the groundwork for a potential technical rebound. For traders, the current price level is becoming a high-risk, high-reward observation point.

💡 Key Insight: The first attempt to stabilize after a deep decline is often a weather vane. Pay attention to whether trading volume can increase, as this is crucial for determining if the rebound is sustainable. Set strict stop losses.

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