BTCC / BTCC Square / cryptonewsT /
Pi Network Price Eyes Accumulation Zone: Why $0.35 Support Could Spark Major Reversal

Pi Network Price Eyes Accumulation Zone: Why $0.35 Support Could Spark Major Reversal

Published:
2025-08-20 13:27:19
13
3

Pi Network bulls are circling the $0.35 level like sharks sensing blood in the water—this isn't just another dip, it's a potential accumulation zone that could set the stage for the next major move.

Technical traders are watching this key support level like hawks, knowing that sustained buying pressure at these levels often precedes explosive breakouts. The $0.35 mark has become the line in the sand separating panic selling from strategic accumulation.

Market psychology suggests retail investors are finally getting shaken out while smart money positions itself—because nothing says 'financial wisdom' like buying what everyone else is desperately selling. The network's growing adoption metrics and upcoming mainnet developments provide fundamental backing to the technical narrative.

If this support holds, we could be looking at the foundation for the next leg up. If it breaks... well, let's just hope those diamond hands are properly insured.

Key Technical Points

  • $0.35–$0.33 Support Zone: High-time frame support and value area low holding firm.
  • Potential Double Bottom: A bounce from support may form a reversal base.
  • Point of Control Resistance: A breakout above this level is needed to confirm a higher high.

Pi Network price eyes accumulation zone: why $0.35 support can spark a reversal - 1

PINETWORK (1D) Chart, Source: TradingView

From a structural perspective, this is a prime location for Pi Network to carve out an accumulation phase. An accumulation period typically develops when price trades sideways at a key support, absorbing selling pressure before staging a breakout. Confirmation will require not only holding the $0.35 region but also breaking the ongoing downtrend by establishing a higher high above the most recent rejection point.

The 50-day moving average remains another key level to watch. Price has consistently struggled beneath this dynamic resistance since losing the value area high. A decisive daily close above the 50-day MA WOULD be an important sign of a trend reversal, indicating that momentum is shifting back in favor of buyers.

Volume analysis also provides cautious optimism. Recent sessions have seen a notable uptick in bullish activity, though sustained above-average volume is still required to confirm strength behind the move. If accumulation persists at current levels, coupled with increased participation, the path toward $0.70 resistance becomes increasingly probable.

What to expect in the coming price action

Pi Network remains in a fragile technical state, but the confluence of support around $0.35 and emerging bullish signals hints at a possible bottoming scenario. A clean break of the downtrend and a higher high would set the stage for a recovery toward $0.70. Until then, the market is likely to consolidate in this accumulation range as buyers and sellers battle for control.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users