**🔥 PI/USDT short-term warning: break down fall! (with strategy)

📉 Core Data Overview
- Current Price: 0.45247 USDT (24h fall -3.83%)
- Key levels: Support 0.45185 / Resistance 0.47242 (24H high and low points)
- Position Cost: 0.65050 USDT → Current price floating loss exceeds 30%!
- Volume: 24H transaction amount $19.42 million, volume shrinking → Observation sentiment is strong
- Indicator signals:
- MACD(12,26,9): Death cross continues (DIF:-0.234, DEA:-0.215)
- Moving Average System: MA5(0.544) crosses below MA10(0.662) → Bearish Arrangement

🚨 Key Discovery
1. Focus of Long and Short Game:
- The intraday tests the previous low of 0.45185 multiple times. If it effectively falls below, it may trigger panic selling.
- The upper MA5-MA10 double moving averages (0.54-0.66) form a strong resistance zone, with a dense position of trapped orders.
2. On-chain changes:
- The number of large on-chain transfers has surged in the past 24 hours (data not displayed and needs to be supplemented), beware of selling pressure from large holders.
3. Market Sentiment:
- The leverage long position liquidation volume surges → The contract open interest decreases → The bulls retreat
📌 Operation strategy recommendations
- Empty position holder:
> ✅ Focus on observation, wait for a breakout above the resistance level of 0.472 before entering on the right side.
> ❌ Do not blindly bottom fish! The risk of a second death cross below the MACD zero line has not been eliminated.
- Holder:
> ⚠️ For positions above a cost of 0.65, it is recommended to reduce positions in batches when rebounding to the 0.50-0.54 range.
> 🔐 Strictly set stop loss: decisively exit below 0.450

🌐 Ecological Dynamics (Supplement)
- Delay in the mainnet migration progress of PI Network? Increased community skepticism → Need to be wary of fundamental bearish signals
- Futures funding rate turns negative → Bearish leads short-term trend

> 📣 Warning: The current technical situation remains in a downtrend channel, do not heavily invest in a rebound! Pay attention to whether BTC can stabilize and drive altcoins' recovery.
#七月行情预测#