Potentially bear pennat pattern for PI
The analysis of the Pi highlights a critical moment The observed pattern, potentially a bear pennant, suggests a continuation of the current bearish trend. This formation typically follows a sharp price drop (flagpole) and is characterized by a brief consolidation phase within converging trendlines. If the price breaks below the lower trendline, it could signal further downside momentum.
This analysis reflects my opinions and is not financial advice.
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