Pi Network (PI) Shows Bullish Momentum as Price Climbs 2% Amid Market Recovery

Pi Network (PI) has demonstrated a bullish reversal, gaining 2.01% to reach $0.464393 as investor confidence rebounds. Trading volume spiked to $99.60 million, with the market cap hitting $3.15 billion—indicating potential recovery following recent corrections.

Technical analysis reveals Pi testing key Fibonacci resistance levels. A breakout could drive the token toward new highs, especially if the altcoin market gains traction. "Altcoin season is here; avoid premature selling," advises The Times of Pi Network, encouraging holders to stay patient.

In related news, PiBank Protocol clarified it has no ties to PI Network, dispelling community confusion over branding similarities. This resolution removes a potential drag on PI's price as traders watch for continuation patterns.