Pi Network Breaks Out of Falling Wedge Pattern, Targets $0.52 Resistance Level
Pi Coin has surged 7.7% to $0.4866, driven by a technical breakout from a falling wedge pattern and increased trading volume. Perplexity's AI model predicts a weekly price range of $0.4470–$0.5200, with $0.4820 as the average, citing ecosystem expansion and altcoin rotation as primary bullish catalysts.
The token's reversal suggests a potential conclusion to bearish consolidation, with $0.4470 serving as strong support. Sustained momentum could propel prices beyond the $0.52 resistance level in the NEAR term.