Pi Network Price Set to Explode: The Looming Short Squeeze Nobody Saw Coming
Brace for impact—Pi Network’s price is coiled like a spring, and shorts are about to get wrecked.
### The Setup: A Perfect Storm for Pi
Market mechanics are flashing red for bears. With open interest stacking and liquidity thinning, Pi Network’s token is primed for a violent upside move. Retail FOMO hasn’t even kicked in yet.
### Why This Isn’t Just Hype
Forget the 'next Bitcoin' chatter—this is pure gamma squeeze dynamics. Whale wallets are accumulating, and exchanges are running low on borrowable supply. Even the usual 'sell the news' crowd is trapped.
### The Cynic’s Corner
Let’s be real—half the 'fundamental analysts' pushing this narrative couldn’t explain a short squeeze if their margin calls depended on it. But numbers don’t lie: the technicals scream breakout.
### The Bottom Line
When this domino falls, it’ll be fast and brutal. Either you’re front-running the liquidity crunch or becoming exit liquidity. Choose wisely.
Pi Network price analysis
The daily chart shows that Pi Coin price has formed contrarian patterns that could stimulate a rebound. It has formed a double-bottom pattern at $0.40 and a neckline at $1.6625.
Pi Network has also formed a falling wedge chart pattern, a popular bullish reversal signal. In addition, its Bollinger Bands and Average True Range point to low volatility, which often leads to a short squeeze. If this happens, the next point to watch will be at $1, followed by the neckline at $1.6625.