Technical analysis by BeInCrypto about Symbol PI: Buy recommendation (23 hour ago)

BeInCrypto
Pi Coin Price Bounce Isn’t Over Yet? Two Bullish Charts Show Why

PIUSD ’s rebound remains intact. On the daily chart, the price has formed a higher low between October 30 and November 1, while the Relative Strength Index (RSI) made a lower low. This creates a hidden bullish divergence, which often signals that the broader uptrend may continue even after short pullbacks. If PIUSD manages a daily close above $0.255, it could extend gains toward $0.270, then $0.293, and possibly $0.340 if volume supports it. However, a drop below $0.215 would weaken this setup and risk a deeper correction toward $0.194. On the 4-hour chart, an extra layer of confirmation is emerging — the 50-period Exponential Moving Average (EMA) is closing in on the 200-EMA from below. If this golden crossover completes, it would further validate the strength seen on the daily timeframe and hint at continued upside momentum. For now, the chart shows a cautious but steady rebound, with hidden bullish divergence and an impending EMA crossover giving Pi Coin bulls some reason to stay hopeful.