PI Coin Shows Bullish Momentum: Key Resistance at $0.44 Could Pave Way to $0.50
PI coin has surged 3.12% to $0.40, with trading volume spiking 10.71%, indicating heightened market interest. The token has gained 15.52% over the past week, reflecting strong investor Optimism and a bullish trend.
Technical indicators point to further upside potential. The RSI stands at 47.92, while the MACD remains positive, reinforcing the strengthening bullish momentum. Analysts have identified a cup-and-handle pattern forming on the 4-hour chart, with $0.44 acting as key resistance. A breakout above this level could propel Pi toward $0.50-$0.52.
The $0.38-$0.40 zone now serves as critical support. Holding this level WOULD validate the bullish thesis and likely trigger additional upside movement.