- PI reclaims key Fibonacci support as buyers test resistance near the 20-day EMA.
- Weakening bearish momentum may support recovery if bulls reclaim higher resistance.
- Protocol v25 and upcoming PI unlocks could shape near-term price direction.
Pi Network (PI) continues to attract market attention as traders assess its recovery potential following a sharp decline from its June peak. The PI/USDT daily chart shows improving short-term momentum after price bounced from the $0.0708 low. However, the broader trend remains under pressure because PI still trades below key moving averages.
PI Price Action Shows Early Recovery Signs
Pi Network currently trades near $0.0921 after recovering from recent lows. The rebound helped PI reclaim the 23.6% Fibonacci retracement level at $0.0859. However, buyers still face resistance near the 20-day EMA at $0.0962.
A daily close above this level could strengthen bullish momentum. Consequently, PI may target the $0.1031 resistance level, which matches the 50% Fibonacci retracement. Moreover, a stronger rally could push the price toward the $0.1108–$0.1135 zone.
This area combines the 61.8% Fibonacci retracement with the 50-day EMA. Hence, it represents a major test for buyers. A successful breakout above this region could improve the medium-term outlook. The next important resistance stands near $0.1216.
On the downside, PI needs to defend the $0.0859 support level. A drop below this zone could expose the token to further selling pressure.
Additionally, the $0.0800–$0.0780 range remains an important demand area. The $0.0708 swing low continues to act as the strongest support level.
Technical indicators show that sellers still control the broader trend. The Directional Movement Index highlights stronger bearish pressure, with the -DI reading above the +DI level.
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However, the declining ADX suggests that bearish momentum has started losing strength. Significantly, this shift could provide buyers with an opportunity if they maintain support levels. Therefore, PI’s next move depends heavily on whether buyers can reclaim key resistance zones.
Unlock Data and Protocol Upgrade Influence Outlook
Pi Network’s latest unlock data shows approximately 6.196 billion PI remain locked, representing about $570.53 million in value. Over the next 30 days, the network expects around 127.50 million PI to enter circulation.
The scheduled releases average about 4.25 million PI daily, worth nearly $391,345. Moreover, increased supply could affect liquidity and short-term price movements. Market demand will determine whether these unlocks create selling pressure or support healthier trading activity.
Additionally, Pi Network’s Protocol v25 upgrade has introduced fresh interest across the ecosystem. The update focuses on improving network stability and reliability. It also adds support for BN254 cryptography and Poseidon hashing, which strengthen privacy-focused applications.
Technical Outlook For Pi Network Price
Key levels remain clearly defined as Pi Network attempts to recover from its recent decline.
Upside levels: $0.0962 remains the first resistance zone, aligning with the 20-day EMA. A breakout above this level could open the path toward $0.1031 and $0.1108–$0.1135, where the 50% and 61.8% Fibonacci retracement levels meet major resistance. A sustained move above $0.1135 could strengthen bullish momentum and expose PI to the next target near $0.1216.
Downside levels: $0.0859 acts as immediate support after PI reclaimed the 23.6% Fibonacci retracement. A loss of this level could push the price toward the $0.0800–$0.0780 demand zone. Further selling pressure may send PI back toward the $0.0708 swing low, which remains the key support level for the current recovery attempt.
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Resistance ceiling: The $0.1108–$0.1135 region represents the most important barrier for medium-term recovery. PI must overcome this zone to confirm a stronger trend reversal and move above its broader bearish structure.
The technical picture suggests Pi Network is attempting to form a short-term recovery pattern after finding support near $0.0708. However, the token remains below major moving averages, keeping the overall trend cautious. Weakening bearish momentum and a declining ADX indicate that sellers are losing some control, but buyers still need stronger confirmation.
Will Pi Network Price Go Up?
Pi Network’s price prediction depends on whether buyers can defend the $0.0859 support level and push PI above the $0.0962 resistance zone. The upcoming Protocol v25 upgrade has increased ecosystem interest, while renewed user activity could provide additional support for market sentiment.
If buying pressure improves, PI could challenge $0.1031 and later retest the $0.1108–$0.1135 resistance area. A successful breakout above these levels may improve the medium-term outlook and attract additional momentum traders.
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However, failure to maintain support above $0.0859 could weaken the recovery structure. Such a move may expose PI to $0.0800 and eventually the $0.0708 low. For now, Pi Network remains at a critical technical point, with future price direction depending on demand strength, upgrade adoption, and market reaction to upcoming token unlocks.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
