Pi Network Defies Gravity: $5 Target in Sight After Surviving $0.60 Support Test
Pi Network’s price action just pulled off a high-wire act—bouncing off critical support at $0.60 while traders eye a moonshot to $5. This isn’t your typical ’buy the dip’ fairytale; it’s a volatility play that’d make even Wall Street’s algo-overlords blink.
Key levels to watch: A clean hold above $0.75 could trigger FOMO pumps, while failure here might send bagholders into yet another ’long-term HODL’ coping strategy. Remember kids, in crypto, ’support’ is just resistance that hasn’t failed yet.
HTX Exchange Listing Buzz: Why It Matters for Pi Network
HTX Exchange—one of the biggest platforms with a daily trading volume of $1.7 billion—is rumored to list Pi Coin soon. Teasers with the Pi logo have appeared on HTX’s social media, fueling the hype. If listed, it could bring in more liquidity, visibility and retail participation for Pi Coin.
Analysts say major exchange listings often act as catalysts for rapid price moves. If Pi is listed on HTX, it could pave the way for listings on bigger exchanges like Binance and Coinbase—a crucial step to reach the $5 target.
Exchange listing boosts volume and demand
Pi’s large community can ignite buying pressure
Speculation around new listings often triggers quick gains
Technical Setup: Where Pi Coin Could Go Next
From a technical standpoint, Pi Coin is at a crossroads. With the breakdown below $0.6406, the immediate risk is a retest of $0.6175 or even $0.6000 if sellers are in control. The MACD has gone bearish, so downward pressure is present.
Pi Network Price Chart – Source: TradingviewBut the RSI is NEAR oversold, so a reversal could be brewing. If Pi Coin reclaims $0.6400 with volume, the first target is $0.6826, then $0.7200 and beyond.
Sell: Below $0.6175
Targets: $0.6000 and $0.5905
Stop: Above $0.6450
Buy: Above $0.6400
Be cautious and wait for clear signs of trend change.
