Pi is eyeing bullish recovery when the momentum bearish fades

Pi Network application download link: https://minepi.com/ariwahyudi80 Free Tutorial Link Pi Network: https://www.youtube.com/playlist https://www.youtube.com/playlist Bearish fades the prospect of PI Network to remain bearish because of the above selling pressure neutralizing the reversal effort. Pi Network recognizes Onramp. Money, Transfi, and Banxa as official partners on Thursday. Four of the five largest transactions in the last 24 hours indicate that large wallet investors acquire token PI. Pi Network (PI) rose 1% when this news was written on Thursday because the trend declined seems to have found a basis above the $ 0.3200 level. When the downward trend remains strong, the largest transaction on the network for the past 24 hours reflects that large wallet investors are acquiring token PI from the OKX Exchange in the middle of the Core Team announcement about on-ramp services to help users buy PI coins directly. PI Network officially partnering with PI Network onramper has officially announced the integration of on-ramp features through several partners and onramper as official aggregators. This service has been available in the network over the past month, perhaps for testing without official announcements. The launch of such services meets the promised commitment in the announcement of PI2Day. Although there is this news, there is no significant price movement seen in 10 hours after the announcement. Official partners are Onramp. Money, Transfi, and Banxa after verification of Know Your Business (KYB). Large investors accumulate nearly 2 million PI PISCAN data tokens show that, of the five largest transactions on the PI Network in the last 24 hours, four occurred on the OKX Exchange. Significantly, the transaction reflects investors to withdraw PI tokens from the exchange, a sign of accumulation that reflects beliefs. In total, the large investor group accumulated 1.94 million token PI in the last 24 hours. Pi Network is a winking chance that the reversal of Bullish PI Network is appreciated by more than 1% so far today, continuing the trend of sideways between Pivot S1 and S2 levels respectively at $ 0.3642 and $ 0.3191. The most likely path for Token PI in the short term is targeting the S1 Pivot level. Potential closure above this level can continue the reversal path to the middle pivot level at $ 0.4461. Which further strengthens the possibility of reversal, relative strength index (RSI) shows the number 26 on the daily graph, indicating the saturation of sale. Usually, at a blooming or selling pressure limit, the trend is reversed due to profit taking or investors buy when it comes down. The Moving Average Convergence Divergence (MACD) line gradually approaching the signal line when the red histogram rods decrease. This indicates the possibility of a trend reversal when the bearish momentum gradually decreases. On the bottom side, prolonged correction can test the level of Pivot S2 at $ 0.3191. If there is a firm closure below this level, Token PI can target the S3 Pivot level at $ 0.2372. #picoin #pinwork #gcvpinwork