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Gate ELSA Futures Trading Challenge is Now Live!
Share a 200,000 USDT Prize Pool
💰 Get 20 USDT for your first futures trade
🏆 Trade to share 160,000 USDT！
join now: https://www.gate.com/campaigns/3911
Announcement link: https://www.gate.com/announcements/article/49432
#ELSA #FuturesTrading #GateStrike Gold by Sharing Your TradFi Orders and Pictures!
Post on Gate Square and split $10,000 in rewards!
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Details: https://www.gate.com/announcements/article/47889
#PI – Is a new downtrend on the horizon? 📉🤔
The weekly trend shows a clear decline, with continued red candles.
However, the Relative Strength Index (RSI) indicates bullish divergence, suggesting weak selling momentum.
The price movement hints at the potential formation of a double bottom with a neckline at $0.25-$0.29. A breakout above the neckline is needed for confirmation.
To maintain the reversal scenario, the $PI stock must consolidate or break out. Otherwise, a new downtrend is likely to form ⚠️
#PIUSDT
$PI