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Pi Coin Rallies 40% to $0.77 Amid Strong Bullish Momentum
Pi Coin Rallies 40% to $0.77 Amid Strong Bullish Momentum
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Coin has surged 40% to reach $0.78659 before stabilizing at $0.77309, showcasing strong bullish momentum. The rally has pushed the token into overbought territory, with the RSI hitting 72.31—a level that often precedes pullbacks.
Technical indicators present mixed signals. While breaking the upper Bollinger Band confirms bullish strength, it also increases the risk of a short-term correction. Key support levels are at $0.61006 and $0.58451, with resistance at $0.80123. A decisive breakout could drive further gains.
Traders are now assessing whether this movement represents healthy consolidation or the start of a deeper correction. Maintaining support above the psychological $0.60 level will be crucial for sustaining bullish sentiment.
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