#BTC# #ETH# #xrp# #PI# #July Market Forecast#


Here’s the latest market snapshot for PI (Pi Network):

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📊 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 .

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🎯 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.

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✅ 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.

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⚡ 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!
BTC-0.53%
ETH-2.11%
XRP-2.26%
PI-5.17%
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TheCryptoAndMevip
· 07-12 01:09
goooooooooooooo
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