$PI is currently trading inside a tight triangle structure on the 1H chart, showing clear compression after the recent downside move. Price is making higher lows while facing consistent rejection near the upper trendline — a classic pressure-building setup. This kind of structure usually doesn’t last long.
Right now, the market is waiting for confirmation.
Bullish scenario:
• Clean breakout and close above 0.206–0.208
• Opens room toward 0.212 → 0.217
Bearish scenario:
• Breakdown below 0.202
• Pullback likely toward 0.198 → 0.195
As long as price stays inside this triangle, patience is key. T