Pi Network Eyes $1 Rebound as Token Unlocks Stir Market Debate
Pi Network’s token shows tentative recovery signs after a sharp May sell-off, gaining 20% from recent lows to approach $0.80. The project remains 72% below its February 2025 all-time high of $2.99 as investors balance token unlock pressures against long-term network potential.
Technical indicators suggest cautious optimism, with Pi breaking through key resistance at $0.74, now acting as support. Traders are monitoring the $0.90 level as the next critical test for the cryptocurrency.