Pi Network price has established support at $0.35, where heavy trading volume has shifted the point of control. Technical confluences suggest this zone may fuel a bullish reversal toward higher resistance levels.
Summary
- Pi Network holds critical $0.35 support, now reinforced by point of control.
- Resistance levels at $0.50 and $0.70 define bullish upside targets.
- Declining volume at support suggests accumulation before breakout.
After weeks of downward pressure, Pi Network (PI) price action has reached a decisive turning point. Support has held firmly at the $0.35 region, with the value area low, point of control, and repeated candle rejections signaling the importance of this level. The network is also preparing a major upgrade in line with Stellar’s shift to Protocol 23, a development that could reinforce confidence at these levels. If buyers maintain this base, Pi could rotate higher toward key resistance zones.
Pi Network key technical points
- Support Strength: Point of control has shifted to $0.35, aligning with the value area low to form a strong structural base.
- Resistance Targets: Local resistance lies just overhead, while $0.50 and $0.70 stand as high-time-frame resistance levels with major volume significance.
- Volume Profile: Declining volume at support suggests accumulation, with breakout momentum dependent on strong bullish influxes.
The $0.35 zone has proven itself as a decisive support for Pi Network. The point of control has officially shifted to this level, reflecting significant volume traded here and reinforcing its importance as a foundation for a bullish reversal. This structural base has been tested multiple times by candles, yet each retest has failed to close below, adding credibility to its strength.
For continuation higher, Pi must break through local resistance on a closing basis. Doing so would officially shift the current bearish market structure to bullish by printing the first higher high after a sequence of lower highs. The next immediate target stands at $0.50, which not only represents a high-time-frame resistance but also coincides with the value area high of the local range. Beyond that, $0.70 becomes the next macro level to watch.
Volume behavior provides further insights. While each retest of support has seen declining activity, this pattern is consistent with accumulation. The lack of a breakdown alongside fading volume hints that sellers may be exhausted, leaving room for buyers to take control. However, for the bullish case to materialize, any upward breakout must be supported by sustained influxes of demand. Without volume confirmation, moves higher are less likely to hold.
What to expect in the coming price action
As long as $0.35 continues to hold, Pi Network has a strong case for rotation toward $0.50 and potentially $0.70. Invalidation occurs only if the swing low breaks on a closing basis.
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