Yigit Taha OZTURK 
Pi Coin, one of the notable projects in the cryptocurrency market, has once again drawn investor attention with its recent price movements. Technical formations on the 4-hour chart suggest both bullish and bearish scenarios that are worth monitoring in the short term.
Pi Coin Technical Outlook and Critical Levels
Pi Coin is currently undergoing a pullback towards the bullish Fair Value Gap (FVG) area that was formed during its last upward move. This region stands out as a key support zone where the price may find buying interest. If Pi Coin can hold this bullish FVG support, it could regain upward momentum and attempt to break through its immediate resistance levels.
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The $1.98 – $2.00 resistance zone is the first major barrier that the price needs to overcome. A successful breakout above this level could open the door for a move towards the higher bearish FVG zone, which would likely bring stronger buying momentum in the short term.
On the downside, if Pi Coin loses its current bullish FVG support, there is an increased risk of a decline towards the $1.28 – $1.25 support range. This area is considered a critical level where the price could attempt to stabilize and find new demand.
In the broader market context, Pi Coin’s price movements are influenced by major cryptocurrencies like Bitcoin and Ethereum. Therefore, investors should pay attention not only to technical levels but also to overall market sentiment and conditions.
Price behavior around the FVG zones will be crucial for determining Pi Coin’s short- and medium-term trend. Changes in trading volume during support and resistance tests can provide important signals regarding the direction of the next move.
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