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Pi Coin (PI) Displays Bullish Divergence as Accumulation Outpaces Price Action
Pi Coin (PI) Displays Bullish Divergence as Accumulation Outpaces Price Action
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Coin's first upward movement in weeks has sparked technical optimism, with the Accumulation/Distribution Line signaling renewed buyer interest since July 9. Market data suggests smart money may be accumulating Pi despite stagnant prices, creating a potential divergence play.
Sentiment metrics remain elevated compared to price action, echoing but not yet matching May's euphoric levels. The disconnect between bullish sentiment and PI's modest bounce from $0.465 presents an intriguing market dynamic for traders watching for confirmation of sustained demand.
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