PI Token Bounces Off Key Support – Time to Buy the Dip?
Crypto traders, listen up: PI just flashed a textbook bullish reversal signal.
After testing a critical support level, the token staged a sharp rebound—and the charts suggest this rally has legs. Here's why savvy traders are stacking PI bags right now.
The Technical Setup
No fancy indicators needed. Price action tells the whole story: PI found firm footing at its 30-day moving average before rocketing 8% in 12 hours. That's what we call a 'no brainer' entry signal.
Short-Term Playbook
Target the recent swing high for a quick 15% scalp. Or gamble on a breakout—just don't cry when the whales dump on your position. (This is crypto, after all.)
Bottom line: PI's showing more life than your average DeFi ghost chain. Whether that's enough to justify your rent money? That's between you and your risk tolerance.