Pi Coin Technical Analysis: Bullish Reversal Pattern Emerges as Volume Surges Near Critical Support
Pi Coin (PI) is showing signs of a potential bullish reversal as trading volumes spike near the $0.20 support level. The token has gained 2% over the past week, suggesting renewed investor interest as broader crypto markets prepare for a 2026 recovery.
Technical indicators reveal strong accumulation at $0.205, with the Relative Strength Index (RSI) crossing above its midline—a classic momentum shift signal. Market observers note this could propel Pi toward $0.35 if the support holds, marking a 75% upside from current levels.
The project, which faced significant sell pressure after its February 2025 mainnet launch, now appears to be finding its footing. While timing exact market bottoms remains speculative, on-chain data and price action suggest PI may have reached its nadir.