After the explosive launch above $3, PI Network (PI/USD) went through a descending phase, followed by critical consolidation. Today the price moves in a narrow range between $0.40 and $0.50, a band that historically precedes significant directional movements.
The current chart structure shows a prolonged accumulation phase with compressed volatility: a configuration that often precedes the strongest breakouts.
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Pi Network (PI): Key Indicators and Technical Signals
The price is below the EMA 50 (0.5157$) and the EMA 100 (0.6489$). Regaining the EMA 50 would be the first reversal signal and would open space towards the 0.65$ area.
The RSI at 39.7 shows a bullish divergence compared to the price, suggesting a weakening of the selling pressure. This pattern is often observed near structural bottoms.
The MACD is in a convergence phase, with bearish momentum running out. A bullish crossover could trigger a rapid movement towards $0.50-$0.55.
Analysis on the 3H timeframe
In the 3-hour chart, PI/USD is testing the 0.44$ – 0.45$ area near the EMA 50. A breakout above this zone, confirmed by volumes, would project the price towards 0.50$ and subsequently towards the critical resistance at 0.55$.
The RSI on the 3H at 41.6 still indicates room for an upward movement, while the contracting MACD histogram shows a progressive decrease in bear pressure.
Key Price Levels
- Main supports: $0.42 – $0.38
- Main resistances: $0.50 – $0.65
Possible scenarios: the forecasts on the price of Pi Network (PI)
Bull scenario
A breakout above 0.50$ accompanied by confirmed volumes could push the price towards 0.65$, with a potential extension up to 1$.
Bear scenario
A drop below $0.38 would invalidate the current structure, exposing PI/USD to the risk of a correction towards $0.25.
Most likely scenario
The combined signals of RSI in divergence, neutral MACD, and compressed volatility indicate that PI Network is building the base for a directional breakout in the coming weeks.
FAQ – Domande Frequenti
Can PI Network reach 1$?
Technically yes: a breakout above $0.50 with volume confirmation could trigger a move towards the $1 resistance, especially if supported by fundamental developments.
What are the key supports and resistances of PI/USD?
The main supports are $0.42 and $0.38, while the key resistances are $0.50 and $0.65.
What do RSI and MACD indicate about PI Network?
The RSI in bullish divergence and the neutral MACD suggest the approach of a reversal or a breakout, with bearish momentum running out.
Conclusion
PI Network (PI/USD) is in a crucial technical phase. The combination of accumulation, compressed volatility, and signals of exhaustion of the bear trend could precede a strong movement in the coming weeks. Traders and investors should closely monitor the $0.42 – $0.50 zone, which represents the turning point for the next market cycle.