- Pi Coin’s 41.97% surge boosts investor optimism ahead of Binance listing vote.
- Strong support at $2.40-$2.50 could stabilize Pi before potential breakout.
- Binance listing could drive Pi towards $4, with 43.39% profit expected by 2025.
Pi Coin (PI) is seeing major price action, currently trading at $2.70. This represents a significant 41.97% jump in the last 24 hours. The price previously stood at $1.91.
This rapid climb has ignited excitement among investors, especially given the possibility of a Binance listing. If Binance gives the green light, it could be a huge boost, potentially pushing Pi’s price toward the $4 projection for 2025.
Key Support and Resistance Levels
Support levels have proven critical for Pi’s recent rally. Initially, the $1.90-$2.00 range acted as strong support. It became a base for the price surge.
After a brief dip, Pi found further support around $2.40-$2.50, confirming these levels as reliable backstops. These price zones will likely be important if the coin faces any downturns.
Resistance levels are also key in determining short-term price action. Pi recently hit resistance at $3.00. It touched this level before falling back. This suggests $3.00 is a major hurdle for further upward movement.
Another resistance level at $2.80 has seen multiple rejections. This indicates it’s a point to watch closely in the coming days. A move above $3.00 could signal continued bullish momentum. However, a drop below $2.40 may point to a potential price decrease.
Trading Volume Surges, Bullish Momentum Builds
Pi’s recent upward momentum is largely due to a massive increase in trading volume. Volume has spiked by 293.62%. The current volume is $3.62 billion, showing growing interest in the token. This large volume increase suggests strong investor interest and could signal ongoing bullish behavior.
Despite this, Pi has seen a slight pullback from the $3.00 resistance. It is currently stabilizing above the $2.50 level. This stability hints at a potential consolidation phase before another price surge.
Pi’s Future Outlook: Binance Vote and 2025 Target
Looking ahead, the upcoming Binance vote to list Pi could prove to be a game-changer. The vote, which started on February 17, has attracted significant attention. So far, the majority of responses favor the listing.
The final decision is expected later today, February 27. Should Binance approve the listing, it would be a powerful catalyst for Pi’s price, possibly pushing it past its resistance levels.
As per Coincodex data, by December 2025, Pi is expected to trade within the range of $3.85 to $3.89, a 42.41% increase from its current value. This suggests that Pi has the potential for further gains, with investors looking at a profit of nearly 43.39%.
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