Pi Network’s $PI Coin Shows Bullish Signals Ahead of Consensus 2025
Pi Network’s $PI coin is displaying renewed momentum after a period of consolidation, fueling speculation of a potential breakout. The cryptocurrency recently bounced strongly from the $0.50 support level, supported by significant buying volume. Analysts are eyeing a possible rally to $5 as Consensus 2025 approaches, where Pi’s founder is set to present.
Market watchers highlight that $PI has been trading between $0.54 and $0.67 for about a month, facing resistance at $0.64. The recent price movement, backed by robust trading activity, has reignited interest in the project’s future. Pseudonymous trader Edge points to the importance of this shift, though sustainability concerns linger.