#Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
Gate Square TOP 40 Creator Leaderboard is out
🙌 Vote to support your favorite creators: www.gate.com/activities/community-vote
Earn Votes by completing daily [Square] tasks. 30 delivered Votes = 1 lucky draw chance!
🎁 Win prizes like iPhone 16 Pro Max, Golden Bull Sculpture, Futures Voucher, and hot tokens.
The more you support, the higher your chances!
Vote to support creators now and win big!
https://www.gate.com/announcements/article/45974
#BTC# #ETH# #xrp# #PI# #July Market Forecast#
Here’s the latest market snapshot for PI (Pi Network):
---
📊 Technical Signals (today)
Key Bullish Indicators:
A bullish MACD crossover occurred on July 10, the first since July 1—often a precursor to upward momentum .
A confirmed breakout from a 4‑hour descending wedge, flipping the Supertrend bullish at ~$0.4709, and closing above EMA50/EMA100—suggesting short-term trend shift .
Caution/Sideways Signals:
Bitget’s aggregated technicals (4h, 1d, 1w) still show sell/strong sell, indicating lingering downward pressure .
Daily EMAs and moving averages continue to cluster above price, implying resistance ahead .
---
🎯 Trading Signal for Today
Short-Term (Day Trade):
✅ Buy on a mild breakout above $0.4870–$0.4900 (current ~$0.468).
Set profit target near $0.5130–$0.5300 (resistance confluence) .
Place a stop-loss just under $0.470 to limit downside.
Swing Trading:
⚠️ Signal remains neutral to bearish until PI convincingly breaks and holds above $0.51, clearing resistance and EMA bands .
Italian trend remains cautious given broader weak indicators.
---
✅ Summary
Bullish short-term setup: MACD crossover + wedge breakout + support hold near $0.470.
Upside bias toward the $0.51–$0.53 range if momentum continues.
Warning: daily/weekly technicals lean bearish; resistances at EMAs must be broken for sustained gains.
---
⚡ Today’s Tactical Play:
Enter long around $0.4870 on breakout, aiming for $0.5130–$0.5300, with a tight stop-loss under $0.470. Watch volume—low liquidity could hurt trend reliability.
Let me know if you’d like help setting alerts or managing risk!