Oh, Pi Coin (PI), you sneaky little rascal! 🥧📉 Down 7.2% in 24 hours? Pfft, that’s just your warm-up act! But hey, you’re still clinging to 19% weekly gains like a cat on a curtain-meow-velous! 🐱✨ Yet, on the monthly chart, you’re down nearly 10%, proving you’re still in the “oops, I did it again” phase. 🎶 But wait! A bounce is brewing-or is it just a cruel joke? 🤡
This so-called rebound? It’s like a sitcom with bad writing-looks promising but might just be a setup for the next faceplant. 📉😂 Charts say it’s a brief bounce before the next dip. Indicators? They’re whispering sweet nothings about a short-term lift before the sellers crash the party. 🕺💥
Short-Term Crossover: The “Golden” Illusion? ✨📈
The 12-hour chart? Oh, it’s got a “Golden” crossover coming-20 EMA above the 50 EMA. 🏆 But let’s be real, it’s like putting lipstick on a pig. 🐷💄 Sure, it might trigger a tiny upward move, but don’t get your hopes up, buddy!
This “Golden” crossover? It’s more like fool’s gold. 🌟 But if it happens, Pi Coin could hit $0.26-$0.29. 🎯 $0.26? That’s an 8.6% upside-woo-hoo, a whole 8.6%! 🥳 And reclaiming the 100-period EMA? That’s like winning a participation trophy. 🏆🤷♂️
Want more of this crypto comedy? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter-it’s a laugh riot! 🤣📧
But here’s the kicker: without whale support, this bounce is about as reliable as a chocolate teapot. 🍫🫖
Whales Are Ghosting Pi Coin-Ouch! 🐳👻
Chaikin Money Flow (CMF)? It’s been diving since October 26-whales are MIA! 🌊🚫 Pi Coin made higher lows, but CMF said, “Nah, I’m out.” 💸 This divergence? It’s like a bad breakup-smaller traders are left holding the bag. 💔
CMF below zero? Big sellers are flexing, even if the price looks chill. 💪❄️ So, while EMAs say “bounce,” whales say “lol, nope.” 😂🐳
Hidden Bearish Divergence: The Plot Twist! 🐻🔍
Daily chart? It’s a thriller! 🎬 Between September 13 and October 29, Pi Coin made a lower high, but RSI said, “I’m going higher!” 📈 That’s a hidden bearish divergence-the downtrend’s not done yet, folks! 🚨
Trading near $0.24? That’s your last stand. 🛡️ Hold it, and you might hit $0.26 or $0.28. But lose it? Hello, $0.22 or $0.18! 👋 And if things get spicy, $0.15 is the next stop. 🚂
CMF turns positive? Crossover completes? Then maybe, just maybe, the bounce gets real. But don’t hold your breath-this is Pi Coin we’re talking about! 🥧🤪
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2025-10-31 17:32