Technical analysis by jotdevelopers about Symbol PI: Buy recommendation (7/4/2025)

The asset is in a falling wedge pattern, which is typically bullish if confirmed by a breakout.You're forming higher lows at the bottom (marked by “L”) and lower highs at the top (marked by “H”).There’s visible bullish divergence forming as the price makes lower lows while momentum indicators likely flatten or rise.A breakout above the wedge with strong volume would target:0.55 (first resistance)0.60–0.62 (EMA/previous highs)Breakout confirmation above the blue mid-line would suggest a trend reversal or at least a relief rally.