Pi Coin Crashes to Record Lows—But Traders Eye Imminent Breakout Opportunity

Pi Coin just nosedived to its worst price ever—but crypto degens are already licking their chops.

Here’s why this might be the ultimate ‘buy the dip’ moment.

### Blood in the Streets (and on the Charts)

The project’s token crumpled under selling pressure this week, slicing through previous support levels like a hot knife through institutional-grade hype. No fancy ‘fundamentals’ needed—just pure, unfiltered panic.

### The Silver Lining Playbook

Whale wallets are quietly loading up while retail investors flee. History says that’s usually when the smart money starts printing—right before the next parabolic move.

### The Punchline

Will Pi Coin rebound like a meme stock on Adderall? Or is this another ‘utility token’ destined for the crypto graveyard? Either way, Wall Street bankers are still charging 2% fees to lose your money slower.

After Pi Network’s token slipped below $1 and set a new all-time low, the community has been buzzing with one big question, where is Pi coin headed next? For weeks, PI has been moving sideways with little excitement. 

But now, seasoned crypto traders have spotted a bullish chart pattern that could be the spark for Pi’s next major rally.

Here’s what the analyst sees unfolding.

Pi Coin Forming Bullish Cup-and-Handle on Pattern

A well-known crypto trader, Alpha Crypto, spotted a classic cup-and-handle pattern forming on PI Coin’s (PI) 4-hour chart. This pattern began forming when Pi Coin slid from late July’s highs, carving a smooth, rounded bottom through early August, the “cup.

This “cup” phase is often a healthy sign in technical analysis, showing that selling pressure has been absorbed and buyers are slowly stepping back in.

From there, Pi Coin rallied into mid-August, tapping the $0.44 resistance level, where it paused and began consolidating sideways. This consolidation forms the “handle” — a final period of cooling before a potential surge.

Chart Request: #PI$PI is currently forming a clean cup and handle pattern on the 4H timeframe. After building a rounded base for days, $PI is now consolidating just below the $0.44 resistance, creating the handle. This level is the key breakout point. If $PI can push above and… pic.twitter.com/ST3XO264cC

Key Levels to Watch

Looking at the chart, Alpha Crypto noted that $0.44 is the key breakout point. A strong MOVE above this level could send Pi Coin toward the $0.50–$0.52 resistance zone in the coming days, where traders expect the next test.

Meanwhile, some bullish analysts believe gains could be even bigger if Pi gets listed on major exchanges and sees more real-world use. A clear break above $0.46 might push it toward $0.80 or even close to $1.

On the downside, the $0.38–$0.40 range remains a crucial support. 

As of now, i Coin is currently trading at around $0.39, showing a slight drop in the past 24 hours, with its market cap standing at $3.06 billion.