Pi Coin Shows Bullish Signs as Market Eyes $0.365 Breakout

• Pi Coin rebounds with rising trading volume, eyeing breakout above $0.365 resistance
• Network growth fueled by Linux node launch and revamped decentralized KYC integration
• Speculation builds over potential Coinbase listing despite ongoing regulatory concerns

Pi Coin (PI) has regained momentum after bouncing back from recent lows, sparking optimism among traders. The token, priced at $0.3594, has gained 3.66% in the past 24 hours. 

The rebound came after Pi dipped near $0.3428 before staging a strong recovery. Increased trading activity, alongside new technical and fundamental developments, signals growing market interest.

Price Action and Key Levels

Pi is forming a higher low structure, which often suggests a shift toward bullish momentum. The token faces immediate resistance at $0.365, a level that already capped gains earlier today. 

Breakout above this mark could lead toward the $0.375–$0.380 zone, with $0.400 emerging as a major psychological barrier. On the downside, support lies between $0.342 and $0.345, with $0.350 acting as a crucial base for near-term stability.

Trading volume has surged to $66.6 million in the past day, marking a rise of more than 125%. This indicates that trader participation is expanding, adding further liquidity to the market. With a market capitalization of $2.86 billion, Pi retains a level of stability despite short-term volatility.

Technical Indicators Paint Mixed Signals

Market indicators currently deliver mixed messages. The MACD shows a negative histogram, reflecting weakening momentum despite the recent bounce. At the same time, the RSI sits at 44.98, placing Pi in neutral territory. 

Related: Pi Price Jumps 10%:  A Bigger Rally Next?

While not signaling oversold conditions, the dip below the 50 mark highlights some cautious sentiment among traders. Hence, the next breakout attempt at $0.365 will be a crucial test for short-term direction.

Network Growth and KYC Revamp

Beyond price action, Pi Network is rolling out important ecosystem upgrades. The introduction of a Linux node has improved efficiency for miners and enabled decentralized KYC integration. 

This development strengthens compliance while maintaining community-driven verification. With nearly 15 million users migrated to mainnet, Pi continues to stress the importance of trust and legitimacy in its growth.

Related: Pi Coin Sees 22% Volume Spike as Price Finds Strong Technical Support Near $0.62

Speculation is also rising about a possible Coinbase listing after calls from Pi Barter Mall. However, doubts remain about whether Pi currently meets the exchange’s regulatory standards. Regardless, a listing on a major exchange would significantly boost liquidity and visibility.