Pi Network holds firm near $0.22 at the 0.618 Fibonacci “Golden Pocket,” showing early reversal signs backed by bullish candles and strong technical confluence.
Summary
- Price finds strong support at $0.22, aligning with Fibonacci and Bollinger Band confluence.
- Bullish engulfing candle signals early reversal potential.
- Sustained volume could drive price toward $0.26–$0.30.
Pi Network (PI) price appears to be stabilizing at a critical juncture on the chart. The price has recently reacted from the 22-cent region, aligning with the 0.618 Fibonacci level, a historically reliable reversal zone in trending markets. This recovery follows a bearish expansion that saw the previous trading range broken to the downside, triggering an oversold condition.
Now, early signs of renewed demand are emerging, with technical indicators suggesting that downside momentum may be fading. Adding to the optimism, an analyst has called for a significant Pi Network upgrade in Q4 2025, a development that could strengthen fundamentals and boost long-term investor confidence.
Pi Network price key technical points
- Golden Pocket Support: Price is holding firm at the 0.618 Fibonacci retracement level around $0.22.
- Bullish Engulfing Confirmation: The latest 4H candle pattern indicates a short-term reversal attempt.
- Confluence with Bollinger Bands: The lower Bollinger Band aligns with the same support region, reinforcing its strength.
The current stabilization in Pi Network’s price action represents a potential shift in momentum. The bounce from the 0.618 Fibonacci zone has not only created a clear structural base but also established a new higher time frame support zone at $0.22. This confluence zone is further validated by the lower boundary of the Bollinger Bands, implying that the price may have entered a mean-reversion phase.
From a market structure standpoint, the corrective leg appears to have completed a full retracement cycle into this key support area. The formation of a bullish engulfing candle suggests renewed buyer strength, which could spark a rotation back toward the higher time frame resistance at $0.26. Sustained buying pressure above $0.22 would be an early confirmation of this potential reversal rally.
Additionally, volume dynamics will play a crucial role in validating this move. For a meaningful reversal to materialize, Pi Network must witness an increase in bullish volume inflows, especially across the 4H and daily time frames. If such conditions are met, momentum indicators such as RSI and MACD may soon confirm a shift from bearish to neutral or even bullish territory.
What to expect in the coming price action
As long as Pi Network maintains its support at $0.22, the technical setup favors a bullish rotation toward the $0.26 region. Breaking and closing above $0.26 could open the door for a broader recovery phase, potentially extending toward the next resistance zones around $0.30.
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