$PI forming a potential double-bottom — patience still keyNASDAQ:PI forming a potential double-bottom — patience still key ⏳
After the sharp rejection from the highs, price formed Bottom 1, bounced, and is now revisiting a similar zone to print Bottom 2. This is a classic area where the market decides whether buyers step back in or the range breaks down.
What’s important here is confirmation, not prediction.
Bullish expectation:
• Strong hold above 0.202–0.200
• Break and close above 0.208
• Opens upside toward 0.212 → 0.218
Bearish risk:
• Clean loss of 0.200
• Could slide toward 0.195–0.191
Right now, #PI is still inside a decision box. Let the second bottom prove itself before taking bias — the real move starts after confirmation, not during uncertainty.
