2026-02-21 23:04:52

$PI From the daily chart, it looks like it will consolidate and fluctuate for a period of time, with the price heading towards the $0.16 level. Pay attention to buying opportunities at that level.

PI-2,98%

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WallStreetTrendResearch

· 4h ago

If the cycle resonance occurs, it might take a very long time. Currently, there is not even a one-hour consolidation or correction completed, let alone a daily chart-level consolidation. Conservatively, it will take at least a month for the daily chart-level correction to end. Now, if you look at the daily chart, the average cost for those who bought in 30 days ago is very low, around $0.163, and the slightly longer-term cost is about $0.158. If these people do not add to their positions at the current price, because their costs are low, it could become an obstacle to a subsequent rally. Now, the options are either to shake them out or to break below their costs, forcing them to add to their positions and increase the buying price. This is why I believe the price will go to $0.16.

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