Pi Network (PI) has mounted a sharp recovery from its recent capitulation low, now trading near $0.5830. This comes after a highly volatile session on June 13, which saw prices plunge from $0.64 to a low of $0.3969 in a single 4-hour candle. While the rebound has helped restore some bullish sentiment, PI still faces notable resistance clusters and a key descending trendline.
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Technical Analysis
The sharp reversal commenced as the sharp absorption of volume took place close to the 0% Fibonacci retracement level at approximately $0.3969, creating a short-term low. Pi has since been able to recover the 0.618 Fibonacci level at roughly $0.5510. The present price behaviour in the daily chart stalled right below the 0.786 retracement level at $0.5936, which is now serving as immediate resistance.
Source: Tradingview
Even with the early impulse, the price is still held down by a declining trendline off the May peak of around $0.68. This trendline is converging at approximately 0.5960 at the moment and is part of a larger cluster of resistance which incorporates historical rejection areas as well as Keltner midline pressure.
On the 4-hour chart, the Keltner Channels are expanding, which indicates increasing volatility, but the price is not persuasively above the midline. That shows a defensive yet bullish stance as long as the momentum can be maintained.
Source: Tradingview
Indicators Hint at Cautious Optimism
The short-term indicators are giving a mixed, nonetheless, slightly bullish signal. The 30-minute RSI has reached 54.65 and a high of 57.73, which indicates increasing buyer interest, but it has yet to enter the overbought region. The MACD also has turned bullish, and the histogram bars have turned green, indicating that the positive momentum is starting to take hold again.
Source: Tradingview
Directional Movement Index (DMI) values also confirm this thesis. The +DI stands at 33.53, and the -DI is lagging at 25.99. ADX is still in the moderate area, but the setup is bullish. In the meantime, the Average True Range (ATR) has declined to 0.0045, decreasing dramatically from June 13. That would indicate we may be in a price stabilization period.
Source: Tradingview
Smart Money Signals and Supply Zones
The volume profile indicates a significant supply block located between 0.6430 and 0.6560. These pairs are congruent with former swing highs and rejections based on wicks, which illustrate intense sell-side pressure. Pi needs to bust through these levels with strength in order to resume a meaningful uptrend.
The Smart Money Concepts (SMC) indicate recent Breaks of Structure (BOS) and Change of Character (CHoCH), showing that a possible reversal is in progress. However, the fact that those highs were equal at about $0.64 indicates possible liquidity traps unless followed through with heavy volume.
Source: Tradingview
To make the technical overhead even more, Pi is also under a falling resistance line extending back to the May high. Any meaningful continued rise will require bulls to close above $0.5960 and turn that into a new base of support.
Why Is the Pi Network Coin Rising Today?
The current Pi Network rally is explained by an oversold bounce from the $0.3969 bottom, combined with the broader altcoin market recovery on June 14. Reduced volatility and a better mood have helped along the technical recovery.
Buyers entered in force at the historically significant support, triggering a short-covering rally that pushed PI back above key retracement levels. The longevity of this shake, however, remains pegged on the bulls’ ability to regain the $0.60 – $0.62 area and defend it on volume.
In the Short Term Outlook and Price Targets
In the short term, Pi Network has to surpass the resistance zone of $0.5930 -0.5960. Should it succeed, the levels to watch are then at $0.6250 and then the high-volume node at $0.6437.
On the negative side, a failure to maintain present levels could result in a reassessment of the 0.618 Fib support at $0.5510. A further correction may aim at $0.5220 or even 0.4925. A daily close below $0.4925 would spoil the short-term bullish formation and bring the June 13 low into the spotlight.
Pi Network Price Forecast Table: 2025–2029
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $0.3969 | $0.6000 | $0.6786 |
| 2026 | $0.5200 | $0.6500 | $0.7400 |
| 2027 | $0.6100 | $0.7150 | $0.8000 |
| 2028 | $0.6400 | $0.7700 | $0.8750 |
| 2029 | $0.7000 | $0.8200 | $0.9500 |
Yearly Outlook
2025
Pi is in recovery mode following a harsh selloff. Reclaiming $0.60 and flipping it into support will be key to closing the year near $0.6786.
2026
If Pi Network delivers on its roadmap and strengthens user trust, prices could average near $0.65 and have an upside of $0.74.
2027
Greater ecosystem adoption may lift Pi toward $0.80 as broader blockchain utility expands.
2028
Increased developer activity and DApp usage on Pi Network could lift sentiment, bringing a $0.8750 target into view.
2029
Assuming consistent growth and utility, Pi may challenge $0.95 by 2029, especially if macro conditions support risk-on assets.
Conclusion
Pi Network’s rebound from sub-$0.40 levels has been sharp but faces significant overhead resistance. Bulls must reclaim $0.60 and break above the trendline to maintain momentum. Failure to do so could send the token back to previous support zones.
With indicators slowly turning bullish and volatility cooling, the setup leans cautiously optimistic—yet confirmation through breakout volume remains essential.
FAQs
1. Why is the Pi Network (PI) price rising today?
The price bounced from oversold conditions near $0.3969, aided by market-wide recovery and strong buyer absorption.
2. What is the next major resistance for PI?
The key resistance lies between $0.5936 and $0.5960, followed by $0.6430–$0.6560.
3. What if PI fails to break above $0.60?
It could retrace to support at $0.5510 or $0.5220, although a close below $0.4925 would invalidate the bullish structure.
4. Is Pi Network in a bullish trend?
The short-term trend has turned bullish, but major resistance levels must be cleared for confirmation.
5. Can PI reach $0.6786 in 2025?
Yes, if buyers reclaim $0.60–$0.62 and break above the descending trendline, a push to $0.6786 is achievable.
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