🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
#Pi#
PI/USDT Short-term Alert: Broke key support, downside risk intensifies!
📉 Core Data Overview
- Current Price: 0.58223 USDT (24h Change -3.04%)
- Key level: Average cost price 0.6505 → Current price floating loss over 10%
- Volatility range: 24H low 0.5487 / high 0.6088
- Trading Volume: 24H trading volume of 19.76 million USDT, with volume continuing to shrink.
- Market Cap Ranking: #20-# 21 (Competition is Fierce)
📊 Technical Depth Signals
1. MACD Death Cross Accelerates
- MACD: -0.01849
- DIF/DEA dual lines deeply trapped below the zero axis (-0.22264 / -0.20414)
→ The bearish dominance pattern remains unchanged
2. The moving average resistance is clear.
- MA5 crosses below MA10 forming a bearish arrangement (MA5:0.64996 / MA10:0.69924)
→ The rebound is constrained by the strong resistance zone at 0.65
3. Liquidity Crisis
- 24H trading volume only 33.48 million PI, a year-on-year decrease → Lack of bullish reversal momentum
🚨 Key Risk Warning