PI Network (PI/USDT) Technical Outlook: Attempting to Break Higher

PI Network, after experiencing a prolonged Bear Market, is beginning to show signs of recovery. Currently, the trading price is around $0.25, and it is trying to stay above the 20 EMA ($0.23). The recent rebound from the $0.21–$0.23 range indicates strong demand near the lower boundary, suggesting a potential short-term trend reversal.

The price now faces a key resistance at the $0.276 (0.236 Fibonacci level)—a breakout and a close above this area could confirm a bullish reversal, opening the door toward $0.32 (R1) and $0.35 (0.382 Fib). Further strength above these levels could propel PI toward $0.41 (0.5 Fib) and $0.47 (0.618 Fib), which may occur in upcoming trading sessions.

However, if PI fails to sustain above $0.25, it could retest the support levels at $0.231 (20 EMA) and $0.211 (S1). A close below these support levels might invalidate the bullish setup and extend the correction toward $0.155 (S2).

The RSI at 58 indicates improving momentum, suggesting a shift from bearish to neutral-bullish territory. Buyers are gradually regaining control, but a decisive breakout above $0.276 is needed for confirmation.

📈 Key Levels

Resistance Levels: $0.276 → $0.32 → $0.35 → $0.41

Support Levels: $0.231 → $0.211 → $0.155

RSI: 58 — Building momentum, early bullish trend

Overall, PI Network is in a potential trend reversal phase. Bulls need to defend the $0.25 zone to facilitate further upward movement.