PI/USD Breakout Confirmed – Bulls Taking Control!

🟢 Trade Type: Long (Buy Setup)
Pair: PI/USD (Pi Network vs US Dollar)

Timeframe: 30-Minute Chart

Current Price: $0.7410

🔍 Technical Setup
Pattern: Falling wedge breakout (bullish reversal pattern)

Entry Point: Breakout and retest around $0.7410 (highlighted with a yellow circle)

Trend Reversal: Price broke a long-term downtrend line (pink), confirming breakout potential

🎯 Targets & Stop-Loss
Take-Profit (TP):

TP1: $0.8328 (previous resistance zone)

TP2: $0.9393 (major supply zone)

Stop-Loss (SL):

Below wedge base/support: $0.6946

⚖️ Risk-to-Reward (R:R):
Estimated R:R: Over 2.5:1

Tight stop, wide target = good potential for swing move

🧠 Trade Logic
Broke out of major downtrend + clean wedge

Pullback held above support zone

Strong green candles on breakout with volume starting to build