{"id":40887,"date":"2025-03-31T07:45:09","date_gmt":"2025-03-31T10:45:09","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/03\/31\/pi-network-eyes-50-boom-on-falling-wedge-breakout-potential\/"},"modified":"2025-03-31T07:45:09","modified_gmt":"2025-03-31T10:45:09","slug":"pi-network-eyes-50-boom-on-falling-wedge-breakout-potential","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/03\/31\/pi-network-eyes-50-boom-on-falling-wedge-breakout-potential\/","title":{"rendered":"Pi Network Eyes 50% Boom on Falling Wedge Breakout Potential"},"content":{"rendered":"

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PI\/USDT four-hour price chart. Source: TradingView<\/em><\/figcaption>

Despite the recent losses, falling wedges are considered bullish reversal patterns, especially after sharp downtrends.<\/p>\n

A breakout typically occurs when the price closes above the upper trendline with a spike in volume. If that happens, analysts often set the upside target by measuring the maximum height of the wedge and adding it to the breakout point.<\/p>\n

In PI\u2019s case, the height of the wedge\u2014measured from its early-March top near $1.04 to the support line\u2014is approximately $0.35, about 50% higher than the current prices.<\/p>\n

If PI breaks above the wedge\u2019s resistance, the upside target could reach around $1.04, matching its last major swing high.<\/p>\n

Watch For Market Tailwinds<\/h2>\n

Beyond technicals, broader macro and project-specific factors have contributed to PI\u2019s extended downtrend.<\/p>\n<\/div>\n

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[ad_1] PI\/USDT four-hour price chart. Source: TradingViewDespite the recent losses, falling wedges are considered bullish reversal patterns, especially after sharp downtrends. A breakout typically occurs when the price closes above the upper trendline with a spike in volume. If that happens, analysts often set the upside target by measuring the maximum height of the wedge and adding it to the breakout point. In PI\u2019s case, the height of the wedge\u2014measured from its early-March top near $1.04 to the support line\u2014is approximately $0.35, about 50% higher than the current prices. If PI breaks above the wedge\u2019s resistance, the upside target could reach around $1.04, matching its last major swing high. Watch For Market Tailwinds Beyond technicals, broader macro and project-specific factors have contributed to PI\u2019s extended downtrend. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":40888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-40887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t