Pi Network (PI) has been quietly consolidating for months and the token is currently trading near $0.218, showing signs of accumulation within a descending channel.
By Parth Dubey
Editor Yana Khlebnikova
Updated
3 mins read
With momentum indicators hinting at subtle strength beneath the surface, Pi might be gearing up for an explosive breakout.
The recent Money Flow Index (MFI) reading of 56.67 places Pi in a neutral-to-bullish zone, suggesting moderate buying pressure without signs of overheating.
This level indicates that investors have been steadily accumulating since early October, maintaining healthy inflows.
Source: TradingView
However, the Chaikin Money Flow (CMF) sits at -0.14, implying that some capital continues to flow out of the asset.
This divergence suggests a tug-of-war between buyers and sellers. A move in the CMF back above zero could confirm a bullish shift in money flow.
The daily chart reveals Pi trading within a long-term falling channel pattern, typically considered a bullish reversal formation.
The price has tested the lower trendline multiple times while maintaining higher lows on the RSI.
Source: TradingView
If Pi manages to break above the upper boundary of the channel with volume confirmation, the first major resistance lies at $0.35, followed by $0.65.
A sustained breakout beyond these zones could open the door to a much larger move toward the $4 target, marking a potential multi-month reversal.
With the immediate support in the $0.17–$0.15 zone and short-term targets at $0.35 and $0.65, Pi Coin is currently in a state of quiet accumulation, supported by moderate money inflows and a technical setup that hints at a possible bullish breakout.
As Pi Network gears up for a potential breakout, another project is also catching massive investor attention.
PEPENODE ($PEPENODE) is flipping the script on crypto mining, ditching expensive hardware setups in favor of a fully virtual, gamified experience anyone can join.
Users can create digital server rooms, purchase and upgrade nodes, and enhance their virtual facilities to maximize rewards.
PEPENODE has raised a substantial $2 million in its ongoing presale, boasting significant confidence and contributions from the community.
PEPENODE’s economy is built for growth, with a powerful deflationary system that burns up to 70% of tokens spent on rigs and upgrades.
This keeps supply tight, supports long-term value, and rewards early players as demand rises.
Early PEPENODE buyers can get up to 621% per annum in rewards.
To buy, simply visit the official PEPENODE website and connect a supported wallet, like the Best Wallet.
Swap existing crypto or use a debit/credit card to complete the transaction.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
