1 week ago
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The token is rising inside an ascending channel mirroring the move of the broader market but with lower gains and yet it remains about 97% below its February 2025 high near $3. The two facts for now describe a short-term recovery inside a much larger decline.
The rebound now meets its first barrier
PI has made higher lows within the rising channel visible on the daily chart. Price has now reached a confluence area around $0.09-$0.091, where the 50-day simple moving average meets the 50% Fibonacci retracement near $0.0906.
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