The structure clearly shows Wave (1) → (4) formation, with Wave (5) extension now active.
Immediate upside targets lie at:
🔹 0.2117 (0.75 fib projection)
🔹 0.2137 (1.0 fib extension)
🔹 0.2186 (1.618 fib target) — if momentum continues 🚀
RSI supports short-term bullish continuation but nearing overbought, hinting a minor pullback before the next leg.
🔁 Possible Retracement Zones (after Wave 5 completes):
0.2094 (0.382 fib)
0.2087 (0.5 fib)
0.2080 (0.618 fib) — strong accumulation zone
🎯 Short-Term Outlook:
#PI looks primed for a measured push toward 0.218, completing its fifth wave pattern.
Watch for pullbacks near 0.208 — could offer re-entry for continuation toward new highs.
A confirmed breakout above 0.214 may trigger momentum buyers into action.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
