Technical analysis by Wolftrader1337 about Symbol PI: Buy recommendation (7/28/2025)

PIUSDT ### **📊 Chart Overview – PIUSDT (1H):** -----Scam Coin remember ----- * **Current Price:** \$0.4484 * **Recent Move:** Sharp spike toward **\$0.48**, followed by an immediate rejection and retracement. * **Volume Spike:** Notable surge in volume during the recent breakout, indicating possible **whale activity or manipulation**. --- ### **🔍 Technical Breakdown:** 1. **Fakeout Alert:** * Price spiked above **\$0.4617** and got rejected hard. * Classic **bull trap** pattern with a return below resistance, signaling caution. 2. **Support Zone:** * Immediate support near **\$0.4470**, currently being tested. * If this level fails, potential pullback to **\$0.4400 – \$0.4350 zone**. 3. **Resistance to Watch:** * **\$0.4617** is now strong resistance. * Bulls need to reclaim this level for continuation toward **\$0.48+**. --- ### **📌 Summary:** PIUSDT showed **short-term bullish momentum** but faced **strong rejection at key resistance**. A breakdown of \$0.4470 may confirm further downside. Stay cautious of **fakeout spikes**. --- ⚠️ **Disclaimer:** *This analysis is for educational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.*