$PI bearish reversal point: $0.167 neckline risk
Although volatility could develop 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 volume, it is likely to trigger a “waterfall” stop-loss cascade, accelerating the price downward toward **$0.128 support, with a final target of $0.063**.
• Large holders “waiting”: On-chain data shows a significant decrease in large transactions. During volatility squeeze periods, the lac