PI Token Breaks Key Resistance with 16% Rally as Volume Spikes 150%
PI Network's native token has broken through a major resistance level with a 16% intraday surge, supported by a 150% increase in trading volume reaching $270 million. The breakout above the $0.4038 20-day EMA indicates strong demand, though the price is currently facing resistance NEAR the $0.46 zone.
Traders are monitoring whether Pi can maintain momentum to reach the $0.52 target, with $0.3773 now acting as critical support. The alignment between volume and price suggests genuine buying interest rather than speculative activity—a notable show of strength for this emerging cryptocurrency.
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