Pi Coin Price Prediction for May 11: Breakout Momentum or Exhaustion Ahead?
The Pi Coin price today is trading near $0.735 after a strong multi-day rally that saw the token surge from sub-$0.60 levels. This breakout marks one of the sharpest Pi Coin price spikes in recent weeks, with price currently consolidating within a symmetrical triangle pattern visible on the 30-minute chart. Traders are closely watching this zone to determine whether the rally can extend further or if a pullback is imminent.
On the 4-hour chart, Pi Coin price action has managed to flip the $0.70 resistance into support after decisively clearing the $0.60–$0.62 cluster. The breakout was accompanied by a spike in trading volume and confirmation from multiple indicators, signaling strong short-term bullish momentum.
Triangle Breakout or Bull Trap?
Zooming into the intraday structure, Pi Coin is currently coiling between a tightening range of $0.718 and $0.746, as seen in the symmetrical triangle drawn from recent highs and lows. A breakout above $0.75 could confirm the continuation of this bullish leg, with immediate targets at $0.78 and $0.80. On the downside, failure to hold the $0.718 level may expose the token to…
The post Pi Coin Price Prediction for May 11: Breakout Momentum or Exhaustion Ahead? appeared first on Coin Edition.
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Pi Coin Price Prediction for May 11: Breakout Momentum or Exhaustion Ahead?
The Pi Coin price today is trading near $0.735 after a strong multi-day rally that saw the token surge from sub-$0.60 levels. This breakout marks one of the sharpest Pi Coin price spikes in recent weeks, with price currently consolidating within a symmetrical triangle pattern visible on the 30-minute chart. Traders are closely watching this zone to determine whether the rally can extend further or if a pullback is imminent.
On the 4-hour chart, Pi Coin price action has managed to flip the $0.70 resistance into support after decisively clearing the $0.60–$0.62 cluster. The breakout was accompanied by a spike in trading volume and confirmation from multiple indicators, signaling strong short-term bullish momentum.
Triangle Breakout or Bull Trap?
Zooming into the intraday structure, Pi Coin is currently coiling between a tightening range of $0.718 and $0.746, as seen in the symmetrical triangle drawn from recent highs and lows. A breakout above $0.75 could confirm the continuation of this bullish leg, with immediate targets at $0.78 and $0.80. On the downside, failure to hold the $0.718 level may expose the token to…
The post Pi Coin Price Prediction for May 11: Breakout Momentum or Exhaustion Ahead? appeared first on Coin Edition.
Read More