Pi Network Shows Bullish Accumulation Signals as Reversal Pattern Forms

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News - Pi Network's price action is forming a rounded-bottom pattern around the $0.33 support level, indicating potential accumulation. This critical high-time-frame support has held strong for months, creating a solid foundation for the cryptocurrency. Market analysts note substantial volume supporting the consolidation phase, with an unidentified large holder consistently accumulating tokens. The $0.44 resistance level represents the next major challenge for bullish momentum. A breakout toward this target WOULD require sustained buying pressure and continued volume inflows. Technical analysis indicates the current structure resembles classic accumulation patterns that typically precede significant price expansion phases. Pi Network's extended consolidation at these levels, combined with visible demand at $0.33, presents a cautiously optimistic outlook for traders. The repeated defense of this support zone, particularly with increasing volume, suggests growing institutional interest in the project.