Pi Coin Tests Bottom as Chart Signals Strength and New OKX Pair Buoys Mood
Analysts say a break above $0.37–$0.40 with strong volume could confirm a short‑term reversal.
Overview
- PI trades around $0.36–$0.37 with a market cap near $2.88–$2.89 billion and 24‑hour volume reported between roughly $76 million and $95 million.
- Recent analyses highlight a descending channel and falling‑wedge setup, a 20/50 EMA bullish crossover on lower timeframes, and a developing bullish RSI divergence.
- Key levels flagged include resistance at $0.37–$0.38 and $0.40, potential upside zones near $0.50–$0.65 on a confirmed breakout, and support near $0.33–$0.35.
- Sentiment was helped by the launch of a PI/USDC trading pair on OKX, though broader tier‑1 exchange support remains limited.
- Structural headwinds persist, including an >85% slide from February’s high, rising circulating supply and more than 1.2 billion tokens projected to unlock over the next year.