Price is grinding higher at 0.17169, up nearly 5% and holding above the MA30 (0.16533). Structure shows a steady uptrend with higher lows, but momentum is compressing as we approach the 24h high at 0.17450.
This is a consolidation pattern just below resistance. A clean break above 0.17450 confirms continuation toward the next leg up. Failure to breach could see a pullback to test support at MA10 (0.16919) or MA30.
Patience here. Wait for the breakout confirmation or a supported retrace.
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$PI
Price is grinding higher at 0.17169, up nearly 5% and holding above the MA30 (0.16533). Structure shows a steady uptrend with higher lows, but momentum is compressing as we approach the 24h high at 0.17450.
This is a consolidation pattern just below resistance. A clean break above 0.17450 confirms continuation toward the next leg up. Failure to breach could see a pullback to test support at MA10 (0.16919) or MA30.
Patience here. Wait for the breakout confirmation or a supported retrace.
• Entry Zone: 0.17250 - 0.17400 (on breakout confirmation)
• TP1: 0.18000
• TP2: 0.18500
• TP3: 0.19500
• Stop-Loss: 0.16800
#pi #BitcoinBouncesBack