Pi coin price is showing early signs of recovery after defending a key technical level at $0.21. This area, aligned with the value area low, has served as a strong demand zone, with buyers stepping in to absorb selling pressure. The market now shows potential for a short-term rally toward $0.25 as bullish momentum strengthens.
Pi Coin Price Key Technical Points
- •Strong Support: $0.21 remains the critical support level at the value area low.
- •Next Target: Bulls are eyeing $0.25 as the next major resistance zone.
- •Fibonacci Confluence: The 0.618 retracement aligns with the current support area.
Pi Network’s steady support defense signals renewed strength as market sentiment improves, hinting at an early-stage bullish recovery. From a technical standpoint, Pi Network’s price structure remains constructive as it continues to hold above $0.21.
This level combines multiple confluences: the value area, the 0.618 Fibonacci retracement, and a bullish order block, which together provide substantial technical grounds for a potential bottom.
Price action has begun rotating higher from this level, suggesting renewed demand in the market. As long as daily candle closes remain above $0.21, the short-term trend is bullish, with an immediate upside target of $0.25. This resistance level represents a key liquidity area that has previously rejected price, meaning a breakout above it could confirm the continuation of the current bullish move.
However, if the move toward $0.25 is met with low volume or rejection, Pi Network may consolidate within the $0.21–$0.25 range to establish further accumulation before attempting another breakout. The sustained presence of bullish volume nodes will be crucial to confirming any higher push.
What to Expect in the Coming Price Action
If Pi Network maintains support at $0.21 and continues to build volume, a test of the $0.25 resistance appears likely. A decisive close above $0.25 would open the probability of a broader bullish expansion. Conversely, failure to hold $0.21 may invalidate the bullish setup and trigger a retest of lower support near $0.19.