PI Token Shows Bullish Technical Signals with 150% Upside Potential

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News - Pi Network's token continues trading near all-time lows as supply pressures and lackluster demand impact performance. The project has struggled to gain momentum since its February mainnet launch, with over 1.2 billion tokens scheduled for release in the coming year. Market dynamics reveal a significant gap between initial expectations and current reality. Ecosystem development initiatives, including Pi AI Studio and the $100 million venture fund, have yet to produce measurable results. The absence of major exchange listings further exacerbates liquidity challenges. Technical analysis indicates potential for reversal, with a falling wedge formation typically preceding bullish breakouts. The current setup suggests possible 150% upside movement, though such moves WOULD require fundamental catalysts currently absent from Pi Network's roadmap.