- Pi Coin confirms bullish breakout with potential 30% rally toward the $0.78 resistance level.
- Trading volume surges 43%, while RSI hits 81, signaling strong momentum but overbought risk.
- Speculation around AI integration and Pi2Day event fuels market optimism and investor interest.
Pi Coin is currently making a comeback following a strong price move from a recent low of $0.47. The token peaked above $0.65 within 72 hours, supported by increased volume, technical breakouts, and broader market recovery. At the time of writing, PI was trading at $0.5653, according to CoinMarketCap.
Pi Coin Breaks Out of Falling Wedge as Bullish Momentum Builds
Pi Coin broke above a falling wedge pattern on the 4-hour chart, signaling a bullish reversal. The price closed above the upper resistance boundary, forming a strong candlestick and confirming a breakout.
This structure supports a potential 30% rally, which would place the token near $0.78. A rounding bottom has also formed and matured, further reinforcing bullish conditions. The neckline breakout could drive an additional 28% upward move.
CoinMarketCap data showed that Pi gained 4.93% in the last seven days. Trading volume rose 43.11%, reaching $280 million in 24 hours, showing strong interest among traders. RSI reached 81 during the rally, which reflects high momentum, though short-term corrections may follow.
Pi Network Speculation and Market Sentiment Support the Recovery
Pi Network co-founder Nicolas Kokkalis joined an AI panel at Consensus 2025. The network later confirmed an upcoming announcement at its Pi2Day event, sparking speculation about possible AI integration or partnerships.
At the same time, the global crypto market cap grew 4.2% on Tuesday, helping Pi Coin move higher. A post by Coin Edition mentioned that PI holds structure above $0.5824. A reclaim of $0.6273 may push the price toward $0.70.
Analyst Dr. Altcoin said, “The Israel-Iran ceasefire news is positive for Pi. Pi is unlikely to fall below $0.40.” Pi Network also launched a $100 million startup fund to support utility-based projects in its ecosystem.