📉 PI/USDT short-term under pressure! Can the key support at 0.441 hold? Attached long and short strategy

🔥 Real-time Data Report
Current price: 0.44291 USDT (24-hour drop -0.51%)
High and low points: High point 0.45523 ▏ Low point 0.44123 (approaching key support!)
Trading volume: 26.76 million PI (approximately 11.97 million USDT)
Market Cap Rank: 36

📊 Technical Analysis
1️⃣ The moving average resistance is evident.
MA5 (0.47078) and MA10 (0.55238) form a death cross, indicating a short-term bearish trend.
The current price has fallen below all moving averages, and attention should be paid to the strength of the support at the previous low of 0.441.

2️⃣ MACD Indicator
- DIF (-0.22862) crosses below DEA (-0.22266), MACD histogram turns green (-0.00596), bearish momentum strengthens.
- If the continuous increase in volume leads to a decline, it may further open up downward space.

3️⃣ The battle between bulls and bears intensifies
- Open Contracts: 1.751 billion USDT
- 24H funding rate: -158 million (shorts dominate) 👉 Leverage should be used with caution!

🚨 Key Operation Reminder
-Support level: 0.441 → A break may trigger a waterfall market.
- Resistance levels: 0.455 (intraday high), 0.470 (MA5 pressure)
- Position suggestion:
- Long position: Strictly maintain a stop loss at 0.441, reduce positions when it rebounds to 0.455.
- Short position: Enter in batches with take profit, target below 0.435.

⚠️ Note: Gate accounts for over 70% of the total market trading volume, be cautious of liquidity risks from a single exchange!

💡 Community Discussion
"Are the brothers with a cost above 0.6 doing well? The current average price of 0.442 has already incurred a loss of over 30%..."
—— Users sharing real trading results in the comments section

Bottom-fishing party VS Short-selling party, which side are you on? 👇
#七月行情预测#