Bearish Reversal Point: The $0.167 neckline risk. Although volatility could move in any direction, structural pressure remains biased downward. • Head and Shoulders Shadow: PI is currently at a critical support level within a multi-week head and shoulders top pattern. If it breaks below **$0.167** on high trading volume, it could trigger a "waterfall" of stop-loss orders, accelerating the price downward toward **$0.128 support level, with a final target of $0.063**. • Large Investors "Waiting": On-chain data shows a significant decrease in large transactions. During volatility squeeze periods, the lack of "huge funds" support usually favors the bears, as any sudden selling pressure can easily overwhelm weak buy-side liquidity.

PI-8.02%
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