Is Pi Network Price Primed for a Major Bullish Reversal?

Pi Network traders are eyeing the charts—waiting for that breakout moment everyone's whispering about.

Technical Signals Flash Green

Recent momentum suggests the long consolidation might be breaking. Key resistance levels are getting tested—market sentiment's shifting from cautious to cautiously optimistic.

Market Dynamics at Play

Whales are accumulating, retail interest is picking up, and let's be honest—after months of sideways action, even the most cynical traders are secretly refreshing their portfolios. Because nothing says 'financial wisdom' like betting on unproven assets while pretending it's a strategic move.

Bottom Line: Watch those key levels. If volume follows the price action, this could get interesting fast.

Key Pi Network price technical points

• Key Support at $0.33: Holding this level may establish a potential triple bottom and form an accumulation zone.
• Point of Control Backtest: Price has retested but failed to reclaim POC, leaving bearish structure intact.
• Upside Target at $0.85: Breaching the point of control could accelerate a rally toward major downtrend resistance.

Pi Network has respected its bearish trajectory, with the moving average repeatedly capping attempts at recovery and compressing price lower. The breakdown through the point of control and subsequent rotation toward the value area low reinforced the strength of the downtrend. While a short-term bounce occurred, the backtest of the POC failed to invalidate bearish market structure, keeping the broader trend tilted to the downside.

Price action is once again testing the swing low region near $0.33, which has become a critical support. Should Pi manage to defend this level for a third time, the setup for a potential triple bottom becomes viable. This formation often acts as a powerful base for longer-term reversals, particularly if accumulation develops within a defined range.

If such an accumulation phase occurs between $0.33 and the point of control, the probability of a trend reversal increases significantly. A reclaim of the point of control WOULD then serve as the trigger for bullish continuation, with the next upside objective aligning with the $0.85 high downtrend resistance. From a market auction perspective, reclaiming the POC after defending the value area low typically allows price action to rotate back toward the value area high, but this has yet to materialize.

Volume dynamics add another LAYER of importance to this zone. At present, the volume nodes have shown limited bullish influxes, signaling that demand has not yet meaningfully stepped in. For any reversal to be confirmed, strong and sustained bullish volume must enter the market. If this occurs while the swing low remains intact, it would greatly increase the odds of a breakout from the extended downtrend.

What to expect in the coming price action

Pi Network is trading at a critical juncture. If the $0.33 support holds and accumulation develops, a triple bottom formation could set the stage for a rally back toward the point of control and beyond. Failure to defend this level, however, increases the likelihood of further downside and continuation of the extended bearish trend.