Pi Network (PI) Technical Breakout Signals Potential Surge to $1

Pi Network (PI) is displaying bullish reversal signals after breaking out from a descending wedge pattern. Currently trading in the $0.45-$0.58 range, Pi is testing key resistance at $0.66 with solid support established at $0.39. A sustained breakout could push prices toward $0.80 in the short term, with the $1 milestone becoming feasible if bullish momentum accelerates.

Technical indicators reinforce the positive outlook, with the Relative Strength Index (RSI) rising to 58, indicating increasing buying pressure. Heightened social media engagement around PI Network is adding fuel to speculation about an upcoming price rally.

This technical development coincides with stabilizing conditions across cryptocurrency markets, creating an favorable environment for altcoin movements. Market participants are closely watching the $0.66 resistance level, as a decisive breakthrough could confirm the beginning of a new upward trend.