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Pi Network’s PI Token Eyes $1 Breakout as Bullish Signals Emerge

Pi Network’s PI Token Eyes $1 Breakout as Bullish Signals Emerge

Published:
2025-05-05 12:23:56
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -

Pi Network’s native token (PI) is showing early signs of a bullish reversal following an extended downtrend. Technical indicators reveal a significant spike in on-balance volume (OBV), signaling growing buying pressure among traders. The two-day OBV surge mirrors historical patterns that previously preceded major price rallies.

Market analysts highlight the $1 psychological level as a key resistance point, with a potential breakout likely to accelerate upward momentum. Unlike lagging indicators, OBV’s predictive nature often detects sentiment shifts before they appear in price action, suggesting accumulating strength in PI’s market position.

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