$PI The rebound continues, and the daily chart shows two consecutive bullish candles. According to the 3K principle, it will continue to rise. The target is between $0.144 and $0.18, with an extreme wave reaching up to $0.2.
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WallStreetTrendResearch
· 17h ago
Why is it always said to be a rebound? Because the MACD uses the zero line as the dividing line. Above the zero line is a market dominated by bulls, and its rise is truly a rally. Its decline is a correction. Below the zero line is a market dominated by bears, and its upward movement can only be called a rebound, which may not be sustained. Its decline is a true downtrend.
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WallStreetTrendResearch
· 17h ago
From the daily chart, the MACD crossing above the zero line twice generally indicates a confirmed stage bottom. The Bollinger lower band starting to tighten is a positive sign. Additionally, the 5-day and 10-day moving averages beginning to turn upward suggest that, overall, the rebound is likely to continue.
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WallStreetTrendResearch
· 17h ago
Currently, there is a correction lasting between 30 minutes and 2 hours. Once the time and space are aligned, it will continue upward. (Price, volume, and time/space) all being in sync means it will go up even if it doesn't rise immediately.
$PI The rebound continues, and the daily chart shows two consecutive bullish candles. According to the 3K principle, it will continue to rise. The target is between $0.144 and $0.18, with an extreme wave reaching up to $0.2.