Technical analysis by ProfittoPath about Symbol PI: Buy recommendation (5/18/2025)

🟢 Trade Type: Long (Buy Setup)Pair: PI/USD (Pi Network vs US Dollar)Timeframe: 30-Minute ChartCurrent Price: $0.7410🔍 Technical SetupPattern: Falling wedge breakout (bullish reversal pattern)Entry Point: Breakout and retest around $0.7410 (highlighted with a yellow circle)Trend Reversal: Price broke a long-term downtrend line (pink), confirming breakout potential🎯 Targets & Stop-LossTake-Profit (TP):TP1: $0.8328 (previous resistance zone)TP2: $0.9393 (major supply zone)Stop-Loss (SL):Below wedge base/support: $0.6946⚖️ Risk-to-Reward (R:R):Estimated R:R: Over 2.5:1Tight stop, wide target = good potential for swing move🧠 Trade LogicBroke out of major downtrend + clean wedgePullback held above support zoneStrong green candles on breakout with volume starting to build