Monthly gaussian channel shows its first line sitting comfortably above the $0.1 opening price level. As a long-term trend indicator, support at this zone should prove relatively stable. Pi trading at $0.1 presents an interesting setup—double bottom formation combined with the initial mainnet launch creates a compelling entry opportunity for traders looking at the bigger picture.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
3
Repost
Share
Comment
0/400
0xInsomnia
· 3h ago
0.1 is indeed a remarkable point, double bottom + Mainnet launch, it feels like something is brewing.
View OriginalReply0
SilentAlpha
· 3h ago
Is the double bottom breakout at 0.1 really going to da moon? It feels like there's a bit of hype in the narrative surrounding the Mainnet launch...
View OriginalReply0
DefiVeteran
· 3h ago
Wait, can the price point of 0.1 really hold above? I keep feeling that something is off when I look at the chart...
Monthly gaussian channel shows its first line sitting comfortably above the $0.1 opening price level. As a long-term trend indicator, support at this zone should prove relatively stable. Pi trading at $0.1 presents an interesting setup—double bottom formation combined with the initial mainnet launch creates a compelling entry opportunity for traders looking at the bigger picture.