$PI just bounced from the lower wedge support, and buyers are stepping in right on time. This is exactly where smart money looks for reversals.

Price tapped the lower boundary of the falling wedge (~0.178–0.180) and instantly bounced, showing strong demand. Right now, #PI is attempting to regain momentum, with short-term structure shifting slightly bullish on lower timeframes.

This is a bounce play, not a breakout yet.

If momentum continues, we can expect price to grind back toward the upper wedge resistance around 0.19–0.195, which is the immediate target zone for scalpers. That area has been acting as rejection multiple times, so expect reactions there.

However, if price fails to hold above 0.178 again, this bounce becomes weak and we could see another liquidity sweep below support.

Key levels
Support: 0.177–0.179
Upside target: 0.19 → 0.195
Invalidation: Break below 0.177

This is a perfect scalping setup — ride the bounce from support to resistance, but don’t overstay. It’s still inside a wedge, so volatility can flip fast.

Bounce confirmed… now eyes on resistance 👀

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