$PI forming a Potential Double Bottom Pattern!

PI forming a Potential Double Bottom Pattern! 📉

#PI is currently testing a crucial reversal zone after completing two symmetric dips near the $0.19–$0.20 support — hinting at a possible double bottom formation.

🔸Bottom 1: Formed near $0.193, marking the first major support test.

🔹Bottom 2: Retesting the same zone with decreasing sell volume — a sign of bear exhaustion.

🔸Neckline resistance: Around $0.208–$0.210 — a breakout above this level could confirm bullish reversal momentum.


🎯 If confirmed breakout: Price could push toward $0.215 → $0.22
⚠️ If rejection continues: Watch the $0.19 zone — losing this may extend downside pressure.