Pi Network Price Poised for Breakout as Technicals Signal Bullish Reversal
Pi Coin jumped 7.7% to $0.4866 after breaking out from a falling wedge pattern, indicating a potential trend reversal. Perplexity's AI analysis projects a weekly trading range between $0.4470 and $0.5200, with ecosystem expansion and altcoin rotation driving momentum.
Technical analysis identifies $0.4470 as strong support, with potential for prices to exceed $0.52 under sustained bullish conditions. The rally aligns with growing app adoption and increased trading volume, marking a shift from previous consolidation trends.