#PI Below is the analysis of the short-term trend for PI/USDT:

### Key Indicator Interpretation
1. **Price Trend**:
- Current price **0.4475**, 24-hour drop **-0.56%** (mark price 0.4477)
- Short-term moving average: **MA5(0.4464) > MA10(0.4461) > MA30(0.4468)**
*The current price is above the short-term moving average, indicating a slight bullish alignment*

2. **MACD Indicator**:
- MACD value: **0.0009** (histogram turns red)
- DIF(-0.0015) crosses above DEA(-0.0024), forming **Golden Cross Prototype**
*Short-term rebound momentum may be possible, but the DIF/DEA is still below the zero axis, and the overall trend is weak*

3. **Support/Resistance Levels**:
- **Resistance Above**: 0.4644 → 0.4756 → 0.4811 (Recent High)
- **Support below**: 0.4475 (current price) → 0.4422 → 0.4307 → 0.4200 (24h low)

4. **Trading Volume**:
- Current trading volume **47,900** (significantly reduced)
- 5-day/10-day average: 1,156,900 / 1,834,400
*Insufficient volume may limit the height of the rebound*

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### Probability Assessment of Increase
1. **Positive Signal** ✅：
- Price stabilizes at short-term moving averages (MA5/MA10 support)
- MACD golden cross appears, short-term rebound momentum accumulates
- The 24h low **0.4200** has not been broken, there is support at the bottom.

2. **Risk Signal** ⚠️:
- Overall in **downtrend channel** (24h drop -0.73%)
- Volume has significantly shrunk (less than 5% of the 5-day average volume)
- DIF/DEA is located below the zero axis, and the trend remains bearish.

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### Conclusion: **Short-term slight rebound possible, but medium-term risks still exist**
- **Probability of Increase**: Approximately **40%-50%** (Neutral to Cautious)
- **Key Observation Points**:
▶︎ If it breaks through **0.4541** (24h high), the probability of an increase will rise to 60%+
▶︎ If it falls below **0.4422** (secondary support), it may drop to 0.4200
- **Operation Suggestions**：
Short-term can take a light position to bet on a rebound (target 0.4540), but strict stop-loss is required (exit if it breaks 0.4420). In the medium term, we still need to wait for the trading volume to increase and for the MACD to stand above the zero axis.

> 💡 Tip: The current volatility is low (narrow fluctuations), it is recommended to make decisions based on the subsequent 1-hour candlestick volume signals.