Pi Network (PI) Approaches Key $1 Resistance as Bullish Patterns Emerge
Pi Network's native token Pi is showing strong bullish momentum as it nears the psychologically significant $1 resistance level. The asset has rebounded decisively from recent lows, with technical analysts identifying a double-bottom pattern and falling wedge formation on 12-hour charts—classic reversal signals suggesting potential upside toward $1.67.
Community sentiment has turned sharply positive, fueled by trending status on crypto watchlists and viral social media engagement. A tweet from influential account @Pi_OM_2025 stating "We are moving toward $1" has energized retail investors, with many anticipating a resumption of PI's upward trend after weeks of consolidation.