February 27, 2025
Strong DMI Uptrend
Despite hitting new highs near $3, technical indicators suggest possible volatility. PI could rise toward $4, but risks a pullback to support at $1.7 or $0.79.
Pi’s Directional Movement Index (DMI) also shows strong momentum, with the ADX climbing from 12.3 to 57.7. The high +DI and low -DI confirm a bullish trend, suggesting continued upward movement if buying pressure persists.
BBTrend Indicates Potential Pullback
Pi’s BBTrend dropped sharply to -11, signaling the uptrend may be overextended and vulnerable to correction or consolidation.
Pi could test $3.5 or $4 if buying continues, but the negative BBTrend suggests a potential pullback to $1.7, with $1.42 or $0.79 as further downside risks.