Pi Coin Price Gains Momentum: Bullish Structure Aims for $0.25

Pi coin is building bullish momentum above the $0.21 support level, with Fibonacci confluence indicating strength as buyers set their sights on a breakout towards the $0.25 resistance zone.

Key Takeaways:

Pi coin is currently gaining bullish momentum above the $0.21 support level.
The price structure is positive, supported by Fibonacci levels and demand zones.
A breakout above $0.25 could confirm additional bullish movement.
Monitoring the trading volume will be crucial for confirming price direction.
Failure to hold $0.21 may lead to a drop towards $0.19.

Pi Network bullish structure suggests rally to $0.25

Pi Network

The Pi Network coin price has begun to show encouraging signs of recovery after successfully defending the important technical level at $0.21. This level, coinciding with the lower edge of the value area, has acted as a robust demand zone. Buyers have stepped in, absorbing the selling pressure, and the market now appears poised for a short-term rally towards $0.25 as bullish momentum increases.

Key Technical Insights for Pi Coin Price:

Pi coin price builds momentum, bullish structure targets $0.25 next - 1
Source: TradingView

The resolute defense of support at $0.21 suggests that market sentiment is improving, indicating the potential for an early-stage bullish recovery. Technically speaking, the price structure of Pi Network remains positive as it stays above the $0.21 mark. This level includes several important factors: the value area, the 0.618 Fibonacci retracement level, and a bullish order block, which together provide a solid foundation for a possible price reversal.

Recent price activity has started to trend upwards from this level, hinting at renewed demand in the market. As long as daily candle closings remain above $0.21, the short-term outlook remains bullish, aiming for an immediate target of $0.25. This resistance area is significant as it has previously denied price increases; a breakout beyond this level could affirm the continuation of the current upward trend.

Nevertheless, if the approach to $0.25 is accompanied by low trading volume or rejection, the Pi Network may consolidate within the $0.21–$0.25 range to accumulate further before attempting another breakout. The ongoing presence of bullish trading volume will be essential to confirming any upward movement.

What to Anticipate in Future Price Movements:

If Pi Network can hold support at $0.21 and continues to accumulate volume, testing the resistance at $0.25 seems likely. A decisive close above $0.25 would enhance the possibility of a more extensive bullish expansion. On the flip side, failing to maintain $0.21 could nullify the bullish scenario and prompt a retest of lower support around $0.19.