Pi Network Eyes $1 Milestone as Bullish Technicals Gain Traction
Pi Network’s price action shows renewed momentum as it approaches the psychologically significant $1 level. The altcoin’s recent consolidation phase appears to be breaking into upward movement, though it now faces a critical seven-week resistance barrier that could determine its near-term trajectory.
Technical indicators reveal growing bullish sentiment among investors. The Relative Strength Index (RSI) currently sits comfortably above 50.0—firmly in positive territory but not yet at overbought levels that typically precede corrections. This positioning suggests room for further upside if current market conditions hold.
Analysts highlight the cryptocurrency’s favorable technical setup for trend continuation. A decisive breakout above current resistance could accelerate gains, especially if supported by broader crypto market strength.