Pi Network’s Bullish Surge: Can It Break $1 Resistance After 19% Rally?

Pi Coin is showing strong recovery momentum ahead of Pi2Day, with a 19% price jump to $0.63 and trading volume surging 153% to $285.65 million. The token currently tops trending cryptocurrency lists, driven by anticipation for project updates during the upcoming event.

Analyst Kim H. Wong highlights the $0.65 resistance level as pivotal—a successful breakout could push prices toward the $0.80-$1 range. Technical indicators present mixed signals: short-term moving averages indicate bullish momentum, while longer-term metrics remain bearish.

The rally coincides with growing speculation about ecosystem developments and potential AI integration announcements expected at Pi2Day. With its all-time high at $3 and recent lows around $0.40, market observers see significant upside potential if the current bullish trend continues.