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📈 PIUSDT Technical Snapshot – 24 May 2025 | 30-Minute Chart | #GateIO CryptoAnalysis
🔥 After a period of consolidation in a tight range (highlighted in the box), PIUSDT has just broken out strongly to the upside, moving from the 0.7269–0.7700 zone and now trading around 0.7880.
📊 Key Observations:
Consolidation breakout confirmed with high bullish volume.
RSI is at 61.03 – signaling healthy bullish momentum but still not overbought.
Immediate resistance to watch: 0.8287
Support now lies near 0.7269, with a critical floor around 0.7075.
📌 What’s Next?If the momentum sustains, we could see a push toward 0.82–0.83, targeting the previous supply zone. However, a rejection here could lead to a retest of the breakout zone near 0.76–0.77 for confirmation.
📉 Bearish Scenario: Failure to hold above 0.77 could bring back the consolidation zone or a drop to the 0.7269–0.7075 range.
🔔 Stay sharp and watch volume on the next candle close. A clean break above 0.80 will likely confirm bullish continuation.
#PIUSDT TechnicalAnalysis #CryptoBreakout TradingUpdate #CryptoSignals GateIOTraders